Increased insurance cost, real estate tax, Water and sewer. Is this 5.5% extra to be added to monthly rent?
Real Estate Attorney
With commercial tenancies, the answer typically is yes, insurance, taxes, utilities, etc. are shared expenses. But, you would have to look to the terms of your lease and discuss how you are to be billed for these items with your landlord. Commercial tenancies are much more flexible in terms of what and how the burden for expenses like you have mentioned can be shouldered by the tenant.
This "answer" is for information purposes only and is not intended as legal advice or to create an attorney-client relationship.
Chapter 7 Bankruptcy Attorney
Depends on the wording of the lease, though generally it's an add on. I would be happy to review the lease and discuss this with you free if charge. My number is 413-442-6031. Thanks.
Employment / Labor Attorney
Sorry, but the only way to know is to see the lease.
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