Partner Guide
Operating Expense Clause Abstraction Checklist
A structured review checklist for abstractors working through dense expense definitions
The operating expense definition is where most CAM disputes start, and it is also where abstracts most often lose precision. This checklist walks through every component of a well-abstracted OPEX clause: inclusions, exclusions, CAPEX treatment, management fees, gross-up, and caps.
Inside the guide
- Field-by-field checklist for the full OPEX definition
- Common abstraction errors and the clause language that reveals them
- QA prompts for each field before marking the abstract complete