Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide
Bay Property Management Group
NOVEMBER 25, 2024
It is a lease in which the tenant agrees to pay the property owner a flat rental fee. The fee includes all of the costs associated with property ownership – taxes, insurance, utilities – so in that way, it is intended to be “all-inclusive”… it simplifies things for tenants in many ways.
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