answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is an NNN Lease?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is difference between NNN lease and gross lease?

In a NNN lease the tenant (person leasing the property) is liable for the taxes, insurance, and CAM (Common Area Maintenance) expenses. In a Gross Lease, the tenant pays a fixed amount of rent to the Landlord and has no other expenses to pay.


Where can one find more information about NNN Leases?

An NNN Lease is a net lease, structured as a turnkey investment property in which the tenant is responsible for paying the three major expenses associated with commercial real estate ownership. More information can be found on several different websites or within a real estate manuel.


How do you spell the whimpering sound a dog makes?

nnn...nnn...nnn ~ see related link below for more onomatopoeia sounds .


Who's a ghobby?

ffdstjnm nnn nnkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkhgvhhhhhhhhhhhhhhhhhhhhhuuuuuuuuuuuuuuuu ffdstjnm nnn nnkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkhgvhhhhhhhhhhhhhhhhhhhhhuuuuuuuuuuuuuuuu


Which of the following best completes the table?

Its Chamber is part of bicameral federal legislature


How you can be more sensing?

nnn


How is erosion created?

nnn


How was the Chinooks governed?

nnn///??


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.


What can you infer about the population of community?

nnn


How many rooms in the Ka'bah?

nnn


What type of government does Casablanca have?

nnn