Use of a triple net lease may be a prerequisite for credit tenant lease financing, and may permit a lender to lend to the landlord on nonrecourse terms. Single net lease Types of net leases In a single net lease (sometimes shortened to Net or N), the lessee or tenant is responsible for all costs associated with repairs or replacement of the structural building elements of the property. In a double net lease (Net-Net or NN) the lessee or tenant is responsible for any expenses incurred for structural repairs and common area maintenance. "Roof and structure" is sometimes calculated as a reserve, the most common amount is equal to $ .15 per square foot. Double net leases are rarely used in the industry. This form is frequently used for freestanding buildings, such as outparcel developments or.

real estate auctions

real estate auctions

News.com.au - Auctions failed to fire yesterday and the Real Estate Institute of Victoria last night declared the market had peaked and prices were easing. In the first big test for the market this year, some real estate agents reported clearance rates of less ... Read more...


Auctions slump signals end of boom

News.com.au - VICTORIA'S rampaging property boom has finally cooled after years of soaring prices. Auctions failed to fire yesterday and the Real Estate Institute of Victoria last night declared the market had peaked and prices were easing. In the first big test ... Read more...


real estate auctions

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