A bondable lease (also called an absolute triple net lease or a "hell-or-high-water lease") is the most extreme variation of a triple net lease, where the tenant or lessee is responsible for paying property taxes as well as the base rent. Double- and triple-net leases are more common forms of net leases. Double net lease The net lease requires the tenant to pay, in addition to the fixed rent, some or all of the property expenses which normally would 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 "passed through" to the tenants are usually prorated among the tenants based on the size (square footage) of the area occupied by each tenant. The term "Net Lease" is distinguished from the term.
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ALL BUSINESS: A tale of two real estates
Blackenterprise.com - Relationship building remains an integral piece of real estate. And it requires a certain amount of being people savvy. Bismarck commercial real estate agent Kyle Holwagner possesses just that. He knows people. He knows business. And he has the know ... Read more...
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