9.4 B. Exclusions

• Jurisdiction: New York

B. Exclusions

Certain items—which might otherwise be permitted by the enabling clause, or which simply have a propensity to cause problems, or for which your client wants extra assurances that it will not pay—should be specifically excluded from operating expenses. For example:

1. electricity that serves tenants’ spaces (the landlord recovers this from each tenant individually);

2. executive salaries;

3. consulting fees;

4. market study fees;

5. commissions and advertising costs;

6. initial landscaping costs;

7. structural

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