Shared Tenant Service Sample Clauses

The Shared Tenant Service clause defines the terms under which certain services or facilities are provided jointly to multiple tenants within a property. Typically, this clause outlines which services are shared—such as lobbies, security, maintenance, or utilities—and explains how costs for these services are allocated among tenants, often based on the proportion of space each tenant occupies. Its core function is to ensure clarity and fairness in the use and payment for shared resources, preventing disputes and establishing clear expectations for all parties involved.