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Updated almost 5 years ago,
Water and Sewer Bill- commercial property?
I’m in the process of buying a commercial property with an auto body shop. This property is next to a bar my families owns in upstate NY. We are doing seller financing. The cash flow is a bit tight but we are buying it for appreciation due to new developments in the area.
In our lease agreement, that our attorney drafted, he had me paying the water and sewer, insurance and taxes.
Is it common for a landlord to pay for water and sewer in a single unit commercial property?
Thanks everyone for your feedback in advance!