What is pass-through?
An operating cost the landlord charges back to tenants under the lease (also called an expense reimbursement or recovery), commonly property taxes, insurance, utilities, and CAM, usually by proportionate share.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.