Economics The precise items that are to be paid by the tenant are usually specified in a written lease. For properties that are leased by more than one tenant, such as a shopping center, the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant or lessee agrees to pay all real estate taxes, insurance, maintenance, repairs, utilities and other items.[1] Single net lease Bondable leases are typically used in so-called "credit tenant lease" deals, where the main driver of value is not so much the real estate, but the uninterrupted cash flow from the usually investment-grade rated "credit" tenant. Double net lease Typically, triple net leases than other forms of lease agreements, this form of lease agreement is desirable for real estate investors since the expenses incurred.
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