QUESTION
why would a slow bistro that lease a part of a section in the building have to pay property taxes on the square feet in the building.
Asked on Sep 19th, 2012 on Business Law - California
More details to this question:
When the part of the square feet space gets used by the land lords, empolyees for other activities other then for me to sell them food. It's a California Transportation department building in Redding California.I check my leasing paper work and it doesn't state any thing like that.
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It's not a question of "fairness", it's a question of what is in the lease, and that provision is not unusual.
Answered on Oct 23rd, 2012 at 11:45 AM
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Many commercial leases require the tenant to pay a pro rata share of ad valorem (real estate) taxes on the building.
Answered on Sep 20th, 2012 at 12:30 AM