Investment Property Guide
Triple Net Leased Property
Triple Net Leased Property
A triple-net leased property refers to those properties where the tenant is responsible for all of the operating expenses of the property including taxes, insurance, and maintenance. With a triple net property, the only responsibility of the owner is to hold the master lease and collect the rent. True triple-net properties are rare. So, if one is offered, take a very close look at the offer.
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