escalation clause

“ After housing prices in the New York area went up I was shocked to learn there was an escalation clause in my lease and my rent would go up significantly. ”

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“ All of our customer contract have an escalation clause included in them. However, the escalation amount is capped to match the CPI at the time of escalation. ”

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“ Many office buildings have an escalation clause in their rent contract that enables them to raise the cost of rent if inflation were to occur. ”

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