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Net Lease

A commercial lease where the tenant pays some or all operating expenses (taxes, insurance, maintenance) in addition to base rent. Variations include single net (N), double net (NN), and triple net (NN

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A commercial lease where the tenant pays some or all operating expenses (taxes, insurance, maintenance) in addition to base rent. Variations include single net (N), double net (NN), and triple net (NNN) leases, shifting cost risk from landlord to tenant.

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