chargeback cost agreement

An agreement that it written into a lease concerning how charges are to be assessed to the tenant. For various types of charges, chargeback cost agreements can specify flat rates, percentages of the cost, minimum charges, and so forth. For example, you might have a chargeback cost agreement that specifies that a tenant pays only 50% of prorated snow removal costs. With the Real Estate Portfolio Management domain, you document chargeback cost agreements for a lease and certain types of expenses (cost categories) in the Chargeback Cost Agreements table. The domain's chargeback routine consults this table when charging back costs to leases.