Legal Question in Business Law in New Jersey
misrepresentation of common tax area
my landlord is charging me a percentage of the tax bill for my store but it includes a private and city parking lot. can I recoup the common area tax charge I have paid him? The parking lot is 40% of the property.
1 Answer from Attorneys
Re: misrepresentation of common tax area
If the lease has a tax escallation clause (making you resonsible for tax increases), you are responsible for your pro-rata share of any increase. This includes, usually, not only your percentage of actual rental space, but also your pro-rata share of common areas. Your question may be the definition of "common area" and whether or not it includes the parking lots. It may be that since one lot is a municipal lot and one is private, that they may be considered separate rental areas, not common areas, which, if so, are not your responsibility for increased taxes.
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