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The clause in a lease that allows the rent to increase is an escalator clause.

A lease is a contractual association calling for the user (called the lessee) to pay the proprietor (referred to as the lessor) for using an asset. belongings, homes, and vehicles are common assets that are leased. industrial or business gadget is also leased. essentially, a rent settlement is an agreement between two events: the lessor and the lessee.

The lessor is the felony owner of the asset, even as the lease obtains the right to use the asset to go back for regular condominium bills. The lessee also consents to abide by using various conditions concerning their use of the assets or system. as example, someone leasing a vehicle may additionally comply with the circumstance that the car will simplest be used for private use.

Learn more about lease here: https://brainly.com/question/24460932

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