net lease Definition

net lease

Definition

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. also called closed-end lease.

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net lease is ...
... part of the Real Estate subject.

Related Terms

gross lease - More

double net lease - More

triple net lease - More

net lease appears in the definitions of these other terms on BusinessDictionary.com

gross lease