NN or Net Lease

A net lease arrangement is slightly different. Under this type of lease, the tenant is responsible for paying the rent and a portion of the maintenance fees, insurance and other operating expenses for the commercial property. While this type of arrangement adds more costs to the renter, it relieves the property owner from some of the costs of owning and maintaining the property.

Read more: Types of Commercial Leases | eHow.com http://www.ehow.com/about_5381752_types-commercial-leases.html#ixzz1cZlvNJup

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