Tenant In Common & 1031 Tax Deferred Exchanges
Helping investors understand TICs & 1031 Tax Deferred Exchanges
Net Lease, Net Net Lease, and Triple Net NNN Lease
December 12th, 2006 by Troy
What is the difference between a net lease, a net net lease and a triple net nnn lease?
Double net NN means that the tenant pays for everything except structural repair.
Triple net NNN means that the tenant is responsible for generally everything including structural repair, BUT every lease is different, it is best to actually […]