Which aspect is typically included in a lease agreement to protect both parties?

Rent escalation clauses are typically included in lease agreements to ensure that both the landlord and the tenant are protected from fluctuating market conditions over the term of the lease. These clauses allow for predetermined increases in rent at specified intervals, which can help landlords maintain the value of their investment in line with inflation and market trends. For tenants, these clauses provide clarity about future rent obligations, allowing them to budget appropriately. By clearly delineating how and when rent increases will occur, both parties have an understanding of their financial commitments, thereby reducing potential disputes related to rent adjustments. This mutual benefit is a key reason why rent escalation clauses are a standard feature in lease agreements.