Exam term
Consumer Price Index clause
An escalation clause tying rent to a named inflation index. It identifies the index series, comparison dates, adjustment interval and any floor or cap; an index moving from 250 to 260 raises rent 4%.
Exam term
An escalation clause tying rent to a named inflation index. It identifies the index series, comparison dates, adjustment interval and any floor or cap; an index moving from 250 to 260 raises rent 4%.