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Yes, tenants face the risk of unpredictable expenses, like rising property taxes or costly repairs, which can hit their budget hard if not managed well.
Absolutely! Tenants often have room to wiggle and negotiate terms, like maintenance responsibilities or lease duration, to ensure it suits their needs.
Triple net leases are common in commercial settings, like retail stores and office spaces, where the landlord wants a hands-off approach to property management.
People often go for a triple net lease because it can provide a stable income for landlords, while tenants have more control over their expenses and the property's upkeep.
A triple net lease is an agreement where the tenant is responsible for all the property expenses, including property taxes, insurance, and maintenance, on top of paying rent.
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Plano Texas Space, Net, Net, Net - Arrendamiento neto triple