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A recent trend in commercial leases is for tenants to negotiate a cap on the amount of certain operating expenses they are required to reimburse the landlord. Such caps are usually negotiated on operating expenses thought to be at least partially controllable by the owner. Which of the following would typically be considered an operating expense controllable by the owner?
Compliance
The act of conforming to laws, regulations, guidelines, or specifications.
Wagner Act
A foundational piece of labor legislation in the United States that established the rights of workers to organize into unions and to bargain collectively with their employers.
Taft-Hartley Act
A 1947 federal law in the United States that restricts the activities and power of labor unions.
Landrum-Griffin Act
United States federal legislation that regulates labor unions, addressing their governance, financial practices, and the rights of union members.
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