Rent based on a percentage rent.

One will find that the definition of the phrase net lease is something that is most commonly associated with commercial real estate. A net lease is a form of pass through lease. One example would be where the taxes are associated with the said property.

NNN lease means triple net lease which is common in commercial leases. "Net Lease" is a term used to signify a lease structure in which the tenant or lessee is responsible for paying a portion all of the common expenses related to real estate ownership.

RTY or Rlty

Commercial leases may be a gross lease, where a single sum is paid to the landlord for all leasing costs or a net lease where you will be responsible for seperate payments to cover extras such as common area maintainence