Which clause in a lease allows payments to increase in relation to a specified factor or index?

The escalation clause in a lease agreement specifically allows for adjustments in rent payments based on certain factors or indexes, such as inflation or market rates. This clause ensures that the rental amount can increase progressively over time, which allows landlords to maintain the property's value in relation to the cost of living or market fluctuations.

For example, if the lease has an escalation clause tied to the Consumer Price Index (CPI), the rent can increase annually in alignment with the inflation rate as measured by the CPI. This is beneficial for landlords as it protects their investment from decreases in purchasing power.

The maintenance clause typically outlines the responsibilities of both the landlord and tenant regarding property upkeep and does not pertain to payment adjustments. The termination clause specifies the conditions under which the lease can be ended, while the default clause addresses the consequences if one party fails to meet their obligations. None of these clauses directly relate to the adjustment of payment amounts over time.