Legal Question in Real Estate Law in Florida
commercial lease
If you have a 5 year lease and in addition to the lease you agree to pay real estate taxes and the first year you pay 1,000 (r/e taxes were desclosed by the landlord) and the second year the city does an inspection and discovers the building you are leasing was never in the tax roll, then you recieve a huge bill and suddenly you are responsable for 6,000 in taxes...
the landlord knew of this.
what is the law here? am i stuck with this huge tax bill?
4 Answers from Attorneys
Re: commercial lease
I doubt it, but it will depend on what you signed and under what circumstances.
Re: commercial lease
If your agreement states you are responsible for taxes in a specific year, then you would not be responsible for taxes that were for prior years. It would depend on the SPECIFIC language in the contract, and the knowledge and intent of the parties in executing the agreement. You should have an attorney review the contract.
Re: commercial lease
The lease needs to reviewed before a meaningful answer can be provided.
Re: commercial lease
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Very possibly not. Among other things, including possible fraud, a good attorney can argue that there was never a meeting of the minds inasmuch as the landlord withheld vital information from you and you were unable to make a valid determination in negotiating your lease. You need to meet with a lawyer who can review your lease and give you advice on your specific situation.
Scott R. Jay, Esq.