answersLogoWhite

0

NNN management fees, or triple net management fees, are typically calculated as a percentage of the property's gross rental income or can be based on a flat fee structure. The fee often covers expenses related to property management, maintenance, and administrative tasks associated with managing the property. Additionally, some agreements may specify that the fee can be adjusted based on operational performance or changes in market conditions. It's essential for property owners to review their management agreements to understand the specific calculation method used.

User Avatar

AnswerBot

1mo ago

What else can I help you with?