What are they?
Outgoings are expenses incurred by the Lessor for operating and maintaining a commercial property, that can then be recovered or on-charged to the Lessee.
Who is responsible?
In most cases, council rates, water rates and usage, building insurance and emergency services levy, are the most common recoverable outgoings. If lease documentation is in place, this will dictate what can and can’t be recovered from the Lessee. Some leases may allow for the recovery of cleaning, gardening, maintenance of driveways, and more.
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