top of page

Net Leasing Maintains Its Luster, Even Through Pandemic


While the pandemic upended many things, one thing remains constant: landlords prefer ‘net leasing’ to any other lease terms. Even the pandemic didn’t change that.


A net lease, as opposed to a gross lease, is one in which the tenant pays both rent and some of the expenses associated with the property. There are three types of net leases: single, double and triple net leases. In a single net lease, the tenant pays base rent plus property taxes. In a double net lease, the renter pays property taxes and insurance premiums, in addition to the base rent. A triple net lease includes property taxes, insurance, and maintenance costs and obligations, in addition to the base rent.


Read our full discussion of this issue at



For more information about this article or other issues, please contact us, The Bachman Law Firm PLLC at judith@thebachmanlawfirm.com or 845-639-3210.

Comments


Archive

Search By Tags

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
footer image reviewing a contract

The Bachman Law Firm PLLC helps business clients with matters including lawsuits, collections, real estate, contracts, corporate issues, and trademarks and copyrights. With offices in New City, the firm serves clients in New York and New Jersey including those in Manhattan, Bronx, Queens, Brooklyn, and Rockland, Westchester, and Bergen. Prior results do not guarantee a similar outcome.

Links to phone app
Links to firm's email address which is Kristine@thebachmanlawfirm.com
Links to address and directions on Google Maps, which is 365 South Main Street, second floor, New City, New York 10956
  • LinkedIn Icon

THE BACHMAN LAW FIRM PLLC

ACCESSIBILITY STATEMENT

bottom of page