On a commercial property lease is it legal for the landlord to make the tennant pay the property taxes?

Answer 1

Yes it is legal. This is a type of net lease. This is where the tenant pays for property taxes etc. There are modified versions where the tenant pays for all expenses such as taxes, utililities, insurance etc.

Answer 2

If you agreed to it in your lease, yes.

Many commercial tenants are required to pay the property taxes per their lease. It's not unusual.

If you disagree, don't sign the lease and do some renegotiating. No one is "making" you do anything. You either agree to it or you don't.

Answer 3

Actually yes it is possible. It depends on the type of lease. There are different types of leases (especialy in the world of commerical) that can make you pay for the taxes. You may not own it, but it could be written into your lease.

Answer 4

easily, passing via working expenses and actual sources taxes to tenants is the two criminal and difficulty-loose in many commercial SoCal leases. the factor to bear in mind is that via fact the tenant, you are the customer, and you dictate the words of the deal as lots via fact the owner does. do no longer sign a lease with which your are unhappy. touch the owner and negotiate the deal. once you call, enable them to correctly known which you will no longer comply with a 2 year renewal with the extra quotes. in the event that they decline to artwork with you, get a leasing broking provider to signify you in the two negotiating inclusive of your cutting-edge landlord and searching for you a clean area. (FYI, in la, i might advise the brokers at CB Richard Ellis even nonetheless they do no longer look to be MY enterprise)

Answer 5

Yes, you usually make the tenant pay taxes, insurance, and maintenance. You don't call it this, you add these numbers into the rent on top of your required rate of return.

Answer 6

I don't think so..... you don't own the property... talk to a real estate attorney... spend a little rather than a lot.