This form is for the lease of a commercial building. The document also provides that this lease will in all respects be treated as a triple net lease with all costs and expenses paid for by the lessee, including, but not limited to, real and personal property taxes; fire, casualty, theft, and liability insurance; trash removal; water, gas, electricity and other utilities; repairs and maintenance and all improvements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Contra Costa California Space, Net, Net, Net - Arrendamiento neto triple - Space, Net, Net, Net - Triple Net Lease
State:
Multi-State
County:
Contra Costa
Control #:
US-01668-AZ
Format:
Word
Instant download
Description
Free preview
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FAQ
In a Triple Net lease, the tenant pays a base rent plus all or part of the three netsproperty taxes, insurance, and common area expenses (CAMS). Common area utilities and operating expenses are usually lumped in as well (ie the cost of security or a front desk attendant).
In a single net lease, the tenant pays a lower base rent in addition to property taxes. Double net leases include property taxes and insurance premiums, in addition to the base rent. A triple net lease includes property taxes, insurance, and maintenance costs, in addition to the base rent.
A triple net lease is a type of commercial lease agreement requiring tenants to pay the property's operating expenses such as utilities, taxes, insurance, and maintenance fees in addition to base rent.
Triple Net Lease Pros and Cons Minimal Landlord Responsibilities.Long-Term Occupancy.Reliable Passive Income.Leases are Transferable.Protection from Expense Increases.Limited Upside Potential.Turnover Risks.
Drawbacks to a Triple Net Lease There is an inherent danger in using a triple net lease with regards to the unknown. Unexpected and substantial damage to the property could significantly increase your monthly maintenance and repair costs.
The most obvious benefit of using a triple net lease for a tenant is a lower price point for the base lease. Since the tenant is absorbing at least some of the taxes, insurance, and maintenance expenses, a triple net lease features a lower monthly rent than a gross lease agreement.
A triple net lease (triple-net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
En Triple Net el inquilino es responsable de pagar los tres principales gastos del inmueble: impuestos, seguros y manutencion. De ahi el nombre NNN, es decir, neto, neto, neto, mencionando estos tres gastos principales.
Los contratos de arrendamiento de hotel constituyen una figura contractual utilizada por el empresario/inversor con un perfil quiza mas conservador y patrimonialista que no quiere desprenderse de la propiedad del inmueble y busca la obtencion de una renta -fija o parcialmente fija con un componente variable en
El arrendamiento neto Net Lease Properties (NNN - arrendamiento neto triple) recibe este nombre porque el arrendatario es responsable de pagar los tres gastos principales ademas de su alquiler base: seguro, impuestos y mantenimiento.