Last Updated :2025/11/28

escalator clause

Noun
Japanese Meaning
エスカレーター・クローズ:賃貸契約やその他の契約書において、ある特定の要因(どちらの当事者の管理を超えた外部要因)によって契約価格や賃料が変動することがあらかじめ定められている条項
What is this buttons?

家主は、自治体が新しい固定資産税率を確定した後に家賃を自動的に調整できるよう、賃貸契約に価格調整条項を入れるよう主張した。

plural

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(law) A clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.

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escalator clause

The landlord insisted on including an escalator clause in the lease so the rent could be adjusted automatically after the city finalized the new property tax rates.

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The landlord insisted on including an escalator clause in the lease so the rent could be adjusted automatically after the city finalized the new property tax rates.

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