List of
Leasing Terms
Defined in this Glossary

 

Glossary of Real Estate Leasing

   

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Definition of Utility Crossover Fee

A “utility crossover fee” is a fee charged by the landlord if the tenant fails to place a utility in the tenant’s name as of the date required in the lease.  The fee is often a flat amount to reimburse the landlord for the time expended in arranging the crossover, but may also include the actual cost of the utility up to the time that the landlord is able to transfer the account to the tenant, or cancel the account in the landlord’s name.

There are different spellings for the fee.  A lease may refer to it as a “Utility Cross Over Fee” or a “Utility Cross–Over Fee.”


Glossary Image: Utility Crossover Fee DefinedIntro Image: Definition of Utility Crossover FeeIntro Image: Utility Crossover Fee Defined

 

DISCLOSURE:  Some of the definitions of leasing terms in this glossary have been tailored to reflect the common practice in the leasing of smaller-sized commercial properties in Northern California.  These definitions are not intended to be the legal definitions that would typically be used in a legal proceeding.