General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply

Does This Lease Clause Mean That The Tenant Pays The Taxes?
The lease is for commercial use by a medical tenant. I'm trying to determine if it implies that the tenant pays the property taxes.
"Additional Rent: During the term of this lease, tenant shall pay landlord, in monthly installments, a sum equal to the tenants pro rata share (as hereinafter defined) of any real estate taxes and annual operating expenses, each as hereinafter defined. All such monthly installments shall be one-twelfth (1/12th) of the annual pro rata share of such real estate taxes and annual operating expenses as estimated by landlord."
"Additional Rent: During the term of this lease, tenant shall pay landlord, in monthly installments, a sum equal to the tenants pro rata share (as hereinafter defined) of any real estate taxes and annual operating expenses, each as hereinafter defined. All such monthly installments shall be one-twelfth (1/12th) of the annual pro rata share of such real estate taxes and annual operating expenses as estimated by landlord."
Most Popular Reply
