Question: Base your answer to the following question on the document 3 Different Types of Commercial Real Estate Leases. https://42floors.com/edu/basics/types-of-commercial-real-estate-leases If the lessee signs a triple

Base your answer to the following question on the document 3 Different Types of Commercial Real Estate Leases. https://42floors.com/edu/basics/types-of-commercial-real-estate-leases

If the lessee signs a triple net lease then he/she will be charged in addition to rent the costs associated with common area maintenance, property taxes, property insurance and for utilities and janitorial services. True or False

Base your answer to the following question on the document 3 Different Types of Commercial Real Estate Leases. https://42floors.com/edu/basics/types-of-commercial-real-estate-leases

The difference between a single net lease and a triple net lease is that a single net lease does not require the lessee to pay for common area maintenance or property insurance. True or False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!