Real Estate Glossary

Net Lease

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Glossaries

Term Main definition
Net Lease

A lease in which the tenant pays, in addition to rent, certain costs associated with a leased property, including property taxes, insurance premiums, repairs, utilities, and maintenance. There are also "net-net" (double net) and "net-net-net" (triple net) leases, depending upon the degree to which the tenant is responsible for operating costs. See Also: Gross Lease

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San Francisco Property Management

47 Kearny Street
San Francisco, CA 94108
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California DRE #01183885