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What else can I help you with?
Who pays property taxes on lease to own property?
Normally the taxes and insurance are included in the payment.
Who pays the taxes in a lease to own a house situation?
That depends entirely on the lease agreement...it could be either side.
Does a renter of a house have to pay property taxes on it?
The answer technically is "NO" because the owner of the house pays the taxes. However, if it is stated in the lease that the renter signs, and the owner charges the property taxes, the answer would be yes. But, technically the owner legally pays property taxes on their home. If a renter signs a lease with this worded as such, the owner is scamming you and your rent will be higher than it should be. Do not sign it!
Industrial gross lease?
An industrial Gross Lease is an arrangement where the tenant pays rent plus a share of services. Taxes and insurance are already included in the base rent.
Does tenant has to pay utilities charges Under triple net lease .?
Triple Net Lease - with a triple net lease the tenant pays a base rent, taxes, insurance and also any charges for repairs and maintenance of the property.
Who pays tenant utilities on a full service gross lease?
Full Service Lease - Landlord pays all Gross Lease - tenant pays electricity if it is individually metered. Landlord pays all other expenses.
What is difference between NNN lease and gross lease?
In a NNN lease the tenant (person leasing the property) is liable for the taxes, insurance, and CAM (Common Area Maintenance) expenses. In a Gross Lease, the tenant pays a fixed amount of rent to the Landlord and has no other expenses to pay.
Is there a game show that pays taxes on the prize?
As far as I know, there is no game show that does so. Contestants are responsible for paying taxes on prizes that they accept, and have the option to forfeit a prize if they would be unable to pay the taxes.
is their an age limit on who pays fica taxes?
is there an age limit on who pays fica taxes
What type of lease when tenant pays utilities?
In a gross lease, the landlord typically covers all property expenses, including utilities. In contrast, a net lease, such as a single net lease, allows the tenant to pay for some or all utilities separately, along with other costs like property taxes and insurance. Therefore, if the tenant is responsible for paying utilities, it is often indicative of a net lease arrangement.
If you are leasing a location do you pay taxes?
Presuming you mean Property Taxes. Depends on the lease. If you have what is called a "gross lease", you pay only the stated rent, and all costs of the proerty, (taxes, insurance, maintenance, etc) are on the landlord. However most commercial and virtually all retail leases have some form of Net or triple Net lease...where the tennant pays for any or all of the costs as above, and maybe more, as specified. In reality, there is no free lunch...if you have a gross lease the costs of those things are included anyway, probably with a profit margin built in.
Who pays property tax on a rental home?
Property taxes are the responsibility of the owner. Unless there is a clause in the lease saying otherwise, the renter/leasor is not obligated to pay them. The government will place a lien on the property.
