Attorney Broker Utilities 
American Apartment Owners Association
JANUARY 27, 2025
Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said.
InveServe
JULY 9, 2025
This can include everything from utilities and landscaping to cleaning services for shared areas, and sometimes even major structural repairs. For instance, a property owner might cover property taxes and insurance, while the tenant pays for utilities and a portion of CAM that goes above a certain initial amount.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
American Apartment Owners Association
JANUARY 27, 2025
Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said.
Esquire Property Management Group
DECEMBER 11, 2023
Legal Defense Costs : Typically, CGL policies include coverage for legal defense costs, encompassing attorney fees, court expenses, and settlements or judgments. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.
Esquire Property Management Group
MARCH 3, 2025
How are Insurance Proceeds to be Utilized? In many situations, the lender may require the borrower to utilize the insurance funds for repairs rather than keeping them, ensuring that the property remains in excellent shape and serves as appropriate collateral for the mortgage.
Expert insights. Personalized for you.
Let's personalize your content