net lease
Look at other dictionaries:
net lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. net lease … Law dictionary
Net lease — Contents 1 Types of net leases 1.1 Single net lease 1.2 Double net lease … Wikipedia
Net Lease — A provision that requires the tenant to pay a portion or all of the taxes, fees and maintenance costs for the property in addition to rent. Net lease requirements are most commonly used with commercial real estate. There are three primary types… … Investment dictionary
net lease — Leases that require the lessee to pay expenses. For real estate leases, see triple net. For personal property leases, a net lease is a lease that requires the customer/lessee to pay for the insurance, maintenance, and all taxes, if any, levied on … Financial and business terms
net-net-net lease — triple net lease, Also known as net net net lease or NNN lease. A net lease where the tenant typically pays: • Base rent. • Real property taxes. • Building insurance. • Maintenance costs … Law dictionary
net-net lease — USA double net lease, Also known as net net lease or NN lease. A net lease where the tenant typically pays: • Base rent. • Real property taxes. • Insurance costs … Law dictionary
net lease — noun Etymology: net (III) : a lease requiring the lessee to assume all operating expenses (as maintenance, insurance, taxes) in addition to the payment of rent … Useful english dictionary
Net lease — A lease arrangement under which the lessee is responsible for all property taxes, maintenance expenses, insurance, and other costs associated with keeping the asset in good working condition. The New York Times Financial Glossary … Financial and business terms
triple net lease — See: net lease Category: Real Estate & Rental Property → Renters & Tenants Rights Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009. trip … Law dictionary
Triple Net Lease — A lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires the… … Investment dictionary