What is recoverable expenses?
Operating costs (taxes, insurance, CAM, utilities, certain admin fees) the lease lets the landlord pass through to tenants. Non-recoverable items (leasing commissions, TIs, debt service, ownership costs) stay with the landlord.
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.