Types of net leases There are standard names in the commercial real estate industry for different sets of costs passed on to the tenant in a net lease. Economics 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 property owner receives the rent "net" after the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant pays a gross amount of rent, which the landlord can use to pay expenses or in any other way as the landlord sees fit. A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant carries every imaginable real estate risk related to the property. Notably,.
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