Louisiana Court of Appeal August 31, 1981, No. 12029 (Candella v. Convenience Center, Inc.)

REDMANN, Judge.

Plaintiffs in July 1974 subleased part of a building being constructed, agreeing to pay any increase in real estate taxes “after the first full year that the demised premises shall be assessed as improved property.” 1 (Emphasis added.) The land upon which the building today stands had been assessed as of January 1 (tax day) in 1973 as vacant land with a $211.