Nnn Lease Template

A triple net lease is sometimes referred to as a triple net or nnn agreement.

Nnn lease template. Commercial triple net lease sample. Landlord and tenant acknowledge and agree that this is a true nnn lease and that landlord shall have no obligations relating to the repair or maintenance of the premises or the outside areas. The term triple net refers to the landlord covering most of the expenses on the property and that the monthly rent includes all fees related to property taxes insurance and common area maintenance cams on the property. More than just a template our step by step interview process makes it easy to create a triple net lease.

Free commercial rental lease agreement templates pdf word. Most of you are probably familiar with the basic terms and conditions that are associated with a lease or a rent agreement. Tenant shall be solely responsible for same. It details the rights and responsibilities of the landlord and the tenant alike.

Koenig sons llc. Triple net lease agreement. A triple net lease triple net or nnn is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property including real estate taxes building. A commercial lease is a real estate document for the use of retail office or industrial type space between a landlord and a tenant looking to use the property for a business use.

A triple net lease takes it one step further. Save sign print and download your document when you are done. The real estate taxes maintenance and. Lease forms 6 sample triple net lease form pdf.

Tenant default and removal of abandoned property. The triple net nnn commercial lease agreement is a real estate contract for non residential property between landlords and a business tenant. A triple net commercial lease agreement is an official document that is used for letting out commercial real estate. Sample triple net lease.

The landlord should always review the tenantbusiness to see their financial status as well as review. Download this free sample triple net lease nnn below and have it customized by an attorney for your unique legal real estate needs today. Here the lessee or the tenant is expected to pitch in when it comes to the myriad expenses attached to the property. A triple net lease agreement is different from traditional leases because the tenant is responsible for the real estate taxes property or building insurance and maintenance.

Koenig sons llc commercial lease lease number 2420 01 2010. Provided however subject to the provisions of this lease and tenants obligation to pay additional rent.