Additional Rent
Additional rent is rent-like payment obligations beyond base rent, often used to label pass-through charges or other recurring sums due under the lease. In practice, operating expense reimbursements, taxes, insurance, and certain service charges can be structured as "additional rent," which can matter for remedies and default mechanics.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Lease Drafting / Lease Administration
- Property types
- Commercial Leasing (Retail/Office/Industrial)
Read more in the Knowledge Base
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Related terms
Commercial Leasing Terms
- Assignment and Subletting Clause
- Base Rent
- Base Year
- Commencement Date
- Common Area Maintenance (CAM)
- Effective Rent
- Full-Service (Gross) Lease
- Gross-Up
- Modified Gross Lease
- Rent Commencement Date
General information, not legal, tax or financial advice.