BayIncomeProperty.com associates ready to help you with your lease
needs. We are well versed in commercial lease types and strategies.
Please refer to the below FAQ for quick answers to the most common
questions about lease types. To discuss how I can help you with your
leasing needs please
contact us today.
What is a Gross Lease?
A gross lease is a property lease in which the landlord agrees to
pay all expenses which are normally associated with ownership, such
as utilities, repairs, insurance, and (sometimes) taxes.
What is a Net lease?
A Net lease is a property lease in which the lessee agrees to pay
all expenses which are normally associated with ownership, such as
utilities, repairs, insurance and taxes. This is also called a
closed-end lease.
What is a Double-Net lease?
A Double-Net lease is one in which the lessee pays rent to the
lessor, as well as all taxes and insurance expenses that arise from
the use of the property. The lessor pays maintenance expenses.
What is a Triple-Net lease?
A Triple-Net lease is one in
which the lessee pays rent to the lessor, as well as all taxes,
insurance, and maintenance expenses that arise from the use of the
property.
For more information please
contact us today.
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