triple net lease


A lease in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property.

Use triple net lease in a sentence

A triple net lease is normally associated with lower rent because the lessee is solely responsible for all fees that go along with renting the space.

​ Was this Helpful? YES  NO 4 out of 4 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
gross lease double net lease