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triple net leasen. a lease in which the lessee's (tenant's) rent includes a share...
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triple net leaseTriple net lease refers to a condition when the lessee pays all the expenses associated with the property in addition to the rent.
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triple net leaseSee: net lease
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triple net leaseA lease where the lessee/tenant pays not only rent, but also the property taxes, insurance, and maintenance.
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triple net leaseDefinition A lease in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property.
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triple net leaseA lease that requires the tenant to pay all expenses of the property being leased in addition to rent. Typical expenses covered in such a lease include taxes, insurance, maintenance and utilities.
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triple net leaseA lease in which the tenant pays, in addition to rent, its portion of the utilities, taxes, and insurance related to the operation of the property. If only one or two of these expense categories are the responsibility of the tenant, the lease is referred to as single- or double-net, respectively.
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triple net leaseTriple net lease is a lease that assigns responsibility for taxes, insurance, and maintenance costs to the lessee rather than the property owner. Triple net leases are sometimes called net-net-net lea [..]
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triple net leaseA triple net lease (also known as "NNN") is a lease in which provision is made for the lessee to pay, in addition to rent, all expenses associated with the property such as property taxes, i [..]
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triple net leaseA lease in which the lessee assumes payments for maintenance, taxes, utilities and insurance. The lessee bears the risks associated with these fluctuating expenses.
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triple net leasen. a lease in which the lessee's (tenant's) rent includes a share of real property taxes, insurance and maintenance as well as the basic rent. A "triple-net-lease" is standard in l [..]
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triple net leaseA lease that requires the tenant to pay all maintenance, taxes, insurance, and other expenses related to the leased property. Trust Preferred A type of preferred stock that provides certain income ta [..]
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