what is a net lease

In Leasing Property - Asked by Stefan B. - Jul 6, 2016
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Answer(s)

Michael O.
Broker/Agent
Boca Raton, FL

a net lease is one where the landlord passes responsibility for certain expenses to the tenant. Taxes, insurance and maintenance are the 3 nets, so a triple net lease would pass those responsibilities to the tenant.

Jul 7, 2016
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David J.
Broker/Agent
West Palm Beach, FL

Each N in a Net Lease refer to the expenses that the tenant assumes, i.e.
Taxes
Insurance
Common Area Maintenance (CAM)

Jul 9, 2016
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