What does the landlord pay in triple net lease

What Does the Landlord Pay in a Triple Net Lease?

In a triple net lease (NNN lease), the tenant is typically responsible for paying the property's ongoing expenses, which include property taxes, building insurance, and maintenance, in addition to rent and utilities. The landlord's responsibilities in a triple net lease are usually minimal. They generally involve paying for any structural repairs that might be needed over time, such as repairs to the roof or foundation, but this can vary depending on the specific terms of the lease agreement.

At its core, a triple net lease shifts the financial burden of property expenses from the landlord to the tenant, making it a favored arrangement for many commercial property landlords.

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