Tax Escalation Clauses
Leases have the advantage of providing long-term stability for you and your renter. But sudden real estate tax increases can destroy a carefully calculated rent and turn a lease upside-down, eliminating the net income you were banking on. Is there anything you can do?
Come learn about tax escalation clauses, which when added prior to a tenancy can give you an emergency escape out of a losing lease.
We're reviewing the section of the law that applies. Attendees will leave with the exact wording in our "Optional Clauses." Finally, we'll have a brief discussion on whether escalators should be invoked routinely or only in case of emergency.
This presentation will be given by MassLandlords staff.