The Real Estate Encyclopedia
Triple Net Lease
Category - Specialized Real Estate - Commercial Real Estate

Triple Net Lease (NNN) commonly refers to a commercial net lease where property expenses are passed through from Landlord (property owner) to Tenant, specifically: (1) common area maintenance (CAM); (2) property taxes; and (3) casualty and property insurance.

 
Category(s)
Specialized Real Estate - Commercial Real Estate
Real Estate Glossary - Real Estate Terminology
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