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Synonyms for "triple net lease" in Real Estate Listings

Alternative Words for "triple net lease" in Property Descriptions

Find synonyms and alternative words for real estate listings, property descriptions, and marketing materials. Enhance your real estate vocabulary with our comprehensive synonym search tool.

5 results for "triple net lease"

NNN lease
noun

A lease agreement where the tenant is responsible for all expenses associated with the property in addition to the rent.

The investor was thrilled to secure a NNN lease for the new coffee shop, hoping to sip lattes and watch the profits flow.

net lease
noun

A lease agreement where the tenant pays a portion or all of the property taxes, insurance, and maintenance costs.

With a net lease, the landlord can sit back and enjoy a vacation while the tenants handle the property taxes.

triple net rental agreement
noun

A rental agreement where the tenant is responsible for property expenses such as taxes, insurance, and maintenance.

In a triple net rental agreement, tenants often wonder if they signed up for real estate or an escape room challenge with all those responsibilities.

absolute net lease
noun

A type of net lease where the tenant assumes all responsibilities for maintenance, taxes, and insurance.

The absolute net lease made the landlord feel like a king, while the tenant felt like a jester juggling all the bills.

full service lease
noun

A lease agreement where the landlord covers all property-related expenses, unlike in a triple net lease.

In a full service lease, the landlord might handle everything, but the tenant is left wondering if they should tip the maintenance guy.