What does Net Lease mean?

A net lease is a type of lease in which the tenant is responsible for paying a portion of the operating expenses of the property, in addition to the base rent. This is typically used for commercial properties.

Related Terms

Fixed Installment Condominium Absolute Net Guarantee Mortgage Low-Ball Offer Specifications Settlement Statement Federal Trade Commission Board of Equalization Title Company Offer To Purchase Agreed Boundary Dual agency Inflation Add-On Interest Chimney Back Federal Housing Administration ( FHA) Turnkey