Site: nolo.com
... The lease says that in years two through five of the lease, Spartan will pay 50% of any increase in real ... Taxes are $3,000 for year one and are paid entirely by Urban. In year two, taxes go up to $3,300. ... Capping Property Taxes in a Triple Net Lease
When you negotiate the lease, ask to see the landlord&rsquo ... One way to even things out is to bargain for your tax obligations to be based on your pro rata share ... Tenant A leases 2,000 square feet for an auto repair shop. ... Commercial Triple Net Leases: Allocating Taxes ...