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Ilee0405 Ilee0405
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11 years ago
In negotiations, the landlord is proposing two escalations. The first is the CPI (consumer price index) and the second is the real estate taxes. I am thinking of proposing that I accept the CPI increases but not the real estate tax escalation. Would I be correct in proceeding this way?
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wrote...
#1
11 years ago
As long as you are willing to look elsewhere, otherwise this is a really bad deal if it is long term. (for the property owner)
wrote...
#2
11 years ago
may you is a better query; of course.
it is unlikely that the LL will waive the tax increase escalations.
THE CPI is a trick.  I have never ever heard of a commercial
landlord adding a CPI increase.

what would happen if you instead, sought a less fancy site and
bought the building??
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