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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.).
The term "Net Lease" is tossed around loosely in the net lease industry, often used when referring to a triple or double net lease; [citation needed] however, there is a definite distinction between a triple net and a double net lease even though some brokers erroneously use the term "Net Lease" to describe both.
In United States real estate, a bond lease, also called an absolute triple net lease, true triple net lease or even a hell-or-high-water lease is the most extreme form of the NNN lease, in which the tenant is responsible for every fathomable real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation.
At the current price, Home Depot's dividend yields 2.1%. ... The company specializes in triple-net leases, which means that its tenants pay for maintenance, insurance, and property taxes.
Companies can focus on growing their business without the complexities of net leases. Rent calculations can be made by analyzing or based on historical data for the property. The landlord and tenant can also agree on the amount and terms of the lease. A gross lease may cost the tenant more than if the property were used under a net lease.
By using triple net leases, Realty Income makes tenants responsible for insurance, property taxes, and maintenance, reducing its financial risk. That formula has been a successful one, ...
This page was last edited on 8 December 2017, at 02:03 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
According to the New York Times, here's exactly how to play Strands: Find theme words to fill the board. Theme words stay highlighted in blue when found.
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