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Posted by Blue Zephyr on December 17, 2001 at 20:29:30:

In Reply to: landlord taxes to be paid by tenant posted by RL on December 17, 2001 at 17:41:57:

Yes its all legal, yes its uncommon - though certainly not unheard of. With the exception of agreements that break the law, two parties can pretty much agree to whatever they want in a lease. If you have concerns, discuss them with the LL before signing, or seek out competent outside advice. Also find out the cost of property taxes and renter's insurance before signing.

: I am about to sign a lease on a residential apartment. The landlord has in the lease that I would be responsible to pay for 10% of all tax increases as well as having insurance on the apartment for the length of the lease for at least 100,000 dollars. Is this at all legal? I have never come across anything like this.

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Comments:
: Yes its all legal, yes its uncommon - though certainly not unheard of.  With the exception of agreements that break the law, two parties can pretty much agree to whatever they want in a lease.  If you have concerns, discuss them with the LL before signing, or seek out competent outside advice.  Also find out the cost of property taxes and renter's insurance before signing.

: 
: : I am about to sign a lease on a residential apartment. The landlord has in the lease that I would be responsible to pay for 10% of all tax increases as well as having insurance on the apartment for the length of the lease for at least 100,000 dollars. Is this at all legal? I have never come across anything like this.


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