Which clause in a lease might stipulate the terms for rent adjustments?

The escalation clause is specifically designed to address how rent adjustments are handled during the lease term. This clause outlines the conditions under which rent may increase, often based on predetermined factors such as the cost of living index, inflation rates, or property tax increases. By including an escalation clause, landlords can ensure that rental income keeps pace with rising costs, while tenants are made aware of potential future rent increases at the outset of the lease.

In contrast, the renewal clause focuses on the conditions under which the lease may be extended beyond its initial term, without specifically addressing changes in rent. The termination clause deals with the conditions under which either party can end the lease agreement, offering no information on rent adjustments. Lastly, the assignment clause governs the transfer of lease rights to another party, without implications for the adjustment of rent. Thus, the escalation clause is the appropriate choice for stipulating the terms related to rent adjustments.