Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)

Citation: Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)
Parent Document: Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)
Jurisdiction: New Hampshire (state)
Effective Date: 1991-01-28
Original Source: https://www.courtlistener.com/opinion/8090733/woodstock-soapstone-co-v-carleton/ ↗

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“Section 7.02. Tenant’s Participation in Real Estate Taxes. Landlord will pay all real estate taxes and assessments which may be levied or assessed by the City of Lebanon, or any other lawful authority against the land and improvements comprising the building. Tenant shall pay, as Additional Rent, its pro-rata share of any increase or decrease in taxes over the Tax Year 1985-86. The Landlord shall at the beginning of each fiscal Tax Year estimate, on the basis of its experience and resonably [sic] anticipated charges therefore [sic], and the Tenant shall pay to Landlord, as Additional Rent VÍ2 of its pro-rata share thereof. As soon as practical after the end of the fiscal tax year, Landlord shall determine the actual taxes and assessments, and an adjusting payment shall be made by Tenant or Landlord as outlined in paragraph 2.04.”

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