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Lessee Shall Pay to Lessor, as Base Rental, the Sum of Dollars $ Form

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Lessee Shall Pay to Lessor, as Base Rental, the Sum of Dollars $ Form

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here's a quick real estate minute for you are you business owner looking for new space to lease have you heard of a triple net lease a lot of the times when a business owner is looking for a new place to lease they come across what's called a triple net lease also known you'll see it written as n n lease it's a type of commercial lease where the tenant is responsible for paying the property taxes insurance and maintenance costs on top of the rent this means that the tenant is responsible for a portion of the property's expenses in addition to the base rent the landlord is responsible for the structural maintenance of the building while the tenant is responsible for any repairs or upgrades to their specific least space triple net leases are common in commercial real estate and often used in long-term lease agreements they provide stability for the landlords as their expenses are covered while giving tenants more control over the lease space if you

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