Legal Question in Real Estate Law in New Jersey
commercial real estate tax
landlord has been intentionally overcharging taxes for 2 years on a leased building. Are there both civil and criminal issues here
Asked on 2/06/08, 2:20 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Re: commercial real estate tax
If the lease provides for pro-rata passthrough of the taxes to the tenants and the landlord has been overstating the amount of the taxes, there is certainly a breach of the lease. At a minimum, tenants should be entitled to a rebate. A tenant who wants out of the lease might also be able to use the overcharge to show a breach of the agreement by the landlord.
If the overcharges were intentional, there is also the possibility of criminal charges for theft by deception.
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 2/06/08, 3:13 pm