Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions Page 9

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Instructions for Worksheet RPIE-2016
Page 8
sECtIoN h - LEAsE AND oCCUPANCY INFoRmAtIoN
If you are filing as property owner and you have multiple tenants with different lease agreements and
all tenants do not pay triple net expenses, please do not fill out sECtIoN h and continue onto
sECtIoN J.
1)
Indicate if the tenant leases the entire property.
❑ Yes ❑ No
2)
Indicate if the tenant pays utility expenses.
❑ Yes ❑ No
3)
Indicate if the tenant pays maintenance and repair expenses.
❑ Yes ❑ No
4)
Indicate if the tenant pays property tax for the space occupied.
❑ Yes ❑ No
5)
Enter the amount of Annual Rent paid to the Property Owner.
______________
6)
Indicate if the net lessee or owner related party subleasing is
any of the property.
a) If yes, list the number Square Footage.
______________
b) If yes, list the Use of Space.
______________
c) If yes, enter the Annual Rent.
______________
7)
Indicate if you are filing as ground lessor.
a) If yes, enter the Ground Lease Amount that you are receiving.
______________
A ground lease is a lease in which the right of use and
occupancy of land is granted.
8)
Owner Occupancy:
a) Indicate if any of this property owner-occupied or occupied by a related party? ❑ Yes ❑ No
b) If yes, for residential properties, list the number of units occupied by the owner, related party
and/or superintendent: ________ units.
c) If yes, select the type(s) of owner-occupancy (all that apply – maximum of 5):
❑ Residential. _______%
❑ Office _______%
❑ Retail _______%
❑ Loft _______%
❑ Factory _______%
❑ Warehouse _______%
❑ Storage _______%
❑ Garage/Parking _______%
❑ Other _______%
Owners who have not operated the property and are without knowledge of the income and expenses
of the property for the entire calendar or fiscal year of the reporting period, are not required to complete
PART II. You are required to complete a Claim of Exclusion for partial year information (Section D.k.)
if this applies to your property.

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