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NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida .
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...
A triple net lease (triple-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, utilities, etc.).
a description of the map's place of official recording (e.g., recorded in the files of the County Engineer). The legal description of a 2.5-acre (10,000 m 2) property under the Lot and Block system may be something like; Lot 5 of Block 2 of the South Subdivision plat as recorded in Map Book 21, Page 33 at the Recorder of Deeds.
On Sept. 18, the U.S. central bank implemented its first rate cut since March 2020, lowering the target for the federal funds rate by 50 basis points to a range of 4.75% to 5.00%.
Basic line marking machines for turf were available by the late 1800s. [1]: 40 They were originally developed for use on lawn tennis courts.[1]: 40 One of the first such machines, a wheel-to-wheel paint transfer device, was developed by F.H. Ayres and "would be instantly recognizable by users of many of today's machines, which work on the same principle".
"Checks and balances, folks….Shoutout to the Home Depot for quickly nipping this ugly human in the bud." Perhaps it is unsurprising that the publication has repeatedly railed into cancel culture .
Also in 1925, Florida began to pass laws further regulating real estate; with salesmen being required to have licenses and offices which as a result led to a boom in demand for office space. [ 16 ] Then, on January 10, 1926, the Prinz Valdemar , a 241-foot, steel-hulled schooner , sank in the mouth of the turning basin of Miami harbor and ...
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