Any charges that are passed on to you such as taxes, insurance, maintenance would typically be based on prior period actual expenses. There may be a provision to permit add in of an admin / accounting / management fee. Review the lease. Upon receiving true charges - for taxes, maintenance, insurance - the charges to the tenants would be reviewed and justified to them for any adjustments needed to be made either up or down and sufficient proof be provided as to the source of those expenses. The only way you could be charged a higher amount than the actual expenses would be if there is a clause for admin type fees to be added in to the mix.
Mar 18, 2016