A Triple Net Lease of Computer (also known as a Net-Net-Net or NNN lease) is a type of commercial real estate lease agreement in which the tenant is responsible for all costs associated with the operation of a property, including real estate taxes, insurance, and maintenance expenses. The tenant typically pays a flat rent plus a percentage of their gross sales. Under a Triple Net Lease of Computer, the tenant has exclusive use of the property and is responsible for the full cost of ownership, including capital improvements and repairs. There are two types of Triple Net Lease of Computer: 1. Full Triple Net Lease: Under this type of lease, the tenant is responsible for all costs associated with the property, including taxes, insurance, and maintenance expenses. 2. Modified Triple Net Lease: Under this type of lease, the landlord pays some expenses, such as taxes, insurance, or maintenance. The tenant is responsible for the remaining costs.
Triple Net Lease of Computer
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