Definition of tax escalation clause

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TeachMeFinance.com - explain tax escalation clause



tax escalation clause -- a provision in a lease for the tenant to pay for any increase in real estate taxes imposed on the leased property.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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