Rental Basics in Carlsbad>Question Details

Cloudcounter, Renter in Carlsbad, CA

I leased an office and receive a noticed of proposed escape assesment, what should i DO?

Asked by Cloudcounter, Carlsbad, CA Tue Nov 1, 2011

We rent an office to run our business and received a "notice of proposed escape assesment". It says that soon we'll receive a bill. What should we do?

Help the community by answering this question:

Answers

1
A notice of escaped assesment is a delayed re-assesment of the property taxes of your building. The first step is to determine if you or the lessor is responsible for the increased property taxes. Your lease will contain this information about which party is responsible. You may want to contact your lessor or the broker that helped you lease the property.

If your lease is a triple net lease with no expense stops, you may be responsible.

If your lease is a gross or modified gross lease, it may be the property owners responsibility.

Worst case, you may want to appeal to the county with the help of the property owner.

A re-assesment usually only occurs of the property was recently sold or significant improvements were made.

Feel free to let me know if you have any additional questions.
Web Reference: http://www.noviproperty.com
0 votes Thank Flag Link Tue Nov 1, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer