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Operating Costs

Mar 3, 2009 | Article 

Written by Natalie Vukovich
(Shopping Centre Legal Update, Vol. 29, Issue 1)

In this article, I have set out to answer the following questions frequently encountered in the field of commercial leasing in Canada:

  • Are any capital expenditures property recoverable as Operating Costs?
  • Is there any difference between depreciation and amortization and where exactly does GAAP fit into the discussion?
  • Salaries and administration/management fees - are they duplicative?
  • How do gross-ups to full occupancy levels work?

Read the full article Operating Costs

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