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Is the landlord responsible for replacing appliances with no lease?
If the stove/refrigerator were furnished and they no longer work, the landlord must replace them.
What is an NNN Lease?
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.
If a roommate that signed the lease walks out who is legally responsible for the rent?
Anyone on the lease or that signed the lease is legally responsible for the rent, unless otherwise noted in the lease.
Does tenant has to pay utilities charges Under triple net lease .?
Triple Net Lease - with a triple net lease the tenant pays a base rent, taxes, insurance and also any charges for repairs and maintenance of the property.
What commercial lease is not commonly used Triple net lease Gross lease Net lease double gross lease double net lease?
Rent based on a percentage rent.
Is the tenant of a commercial lease responsible for plowing?
read your lease agreement
In the state of Florida if you singned a lease agreement but you are getting a job tranfser can the landlord hold you responsible for the remainder of your lease?
If you signed a lease agreement.He can hold you responsible for the remainder of the lease.Unless you cancel the lease before you transfer.
What is a net lease?
Triple net leaseA triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three 'Nets') on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with the repair and maintenance of any common area.
If a new lease is signed on an apartment after a year is the original cosigner responsible for the new lease?
Not unless he or she signed the new lease.
What type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?
Open End lease
Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?
Open-end lease
What is triple net lease?
A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three 'Nets') on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with the repair and maintenance of any common area.This form of lease is frequently used for commercial freestanding buildings. However, it has also been used in single family residential rental real estate properties.
