Triple Net Lease Glossary
Welcome to our Triple Net Lease Glossary! If you are a real estate investor or a commercial property owner, you have probably heard the term “triple net lease” before. A triple net lease is a type of commercial lease agreement in which the tenant is responsible for paying all three major expenses: property taxes, insurance, and maintenance costs. However, triple net leases can be complex and filled with industry-specific terminology that can be confusing for those who are new to the commercial real estate market. That’s where our Triple Net Lease Glossary comes in.
Our glossary is designed to help you navigate the world of triple net leases and understand the various terms used in the industry. Whether you’re looking to buy, sell, or lease a commercial property, our glossary will provide you with the knowledge and tools you need to make informed decisions. From common terms like “base rent” and “common area maintenance” to more specialized terms like “percentage rent” and “expense stop,” our glossary will provide you with a comprehensive list of definitions and explanations for all the important terms you need to know.
So, whether you’re a seasoned real estate investor or just starting out in the commercial property market, our Triple Net Lease Glossary is a valuable resource that will help you navigate the world of triple net leases and make informed decisions for your business.