A nuisance refers to a land use or activity that is incompatible with surrounding land uses, potentially affecting the enjoyment or value of nearby properties. Zoning laws and private deed restrictions are utilized to control and prevent such nuisances.
Null and void refers to a term applied to contracts or provisions within contracts that cannot be legally enforced due to non-conformance with the law.
The Real Estate Roundtable brings together leaders of the real estate industry to advocate for policies that promote real estate and overall economic growth. It bridges the gap between real estate and public policy.
A triple-net lease (NNN) is a commercial lease agreement where the tenant agrees to pay all expenses of the property, aside from the rent. These include real estate taxes, building insurance, and property maintenance.
A Triple-Net Lease (NNN) is a commercial real estate lease agreement where the tenant is responsible for covering property taxes, insurance, and maintenance costs, in addition to the rent.
