Net Leases
Filed Under: Business
1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Source:
Typically, there are three net leases: net lease, double-net lease, and triple-net lease. A net lease is a base rent plus an additional charge for taxes. A double-net lease is a base rent plus an additional charge for taxes and insurance. A triple-net lease is base rent plus an additional charge for taxes, insurance, and common area expenses.