Which of the following is considered Additional Rent?

Additional Rent refers to costs incurred by a tenant that are not part of the base rental payment. These costs typically cover expenses that a landlord may pass on to tenants for various operational aspects of the property.

Property taxes and maintenance fees are classified as Additional Rent because they are necessary for the upkeep and functioning of the property. These expenses ensure that the property remains in good condition and compliant with local regulations, which benefits all tenants. When tenants agree to a lease, they often accept responsibility for a proportional share of these costs beyond their base rent, making them part of the Additional Rent.

In contrast, monthly administrative fees, deposit fees, and upfront leasing costs are usually not categorized as Additional Rent as they do not relate directly to the ongoing operational expenses of the property. Instead, these fees are typically structured as one-time payments or administrative charges that do not vary with the property’s operational costs or taxes.