Triple-Net Lease

Absolute Net Lease
An Absolute Net Lease is a highly exhaustive type of Triple-Net Lease in which tenants bear almost all property-related expenses.
Ancillary Charges
Ancillary charges refer to additional rents incurred under a Triple-Net Lease to cover expenses such as Common Area Maintenance (CAM), real estate taxes, and insurance.
Full Service Gross (FSG)
A Full Service Gross (FSG) lease requires the property owner to cover all operating expenses, making it easier for tenants to manage costs, as opposed to a net lease where the tenant is responsible for additional expenses.
Synthetic Lease
A synthetic lease is a financial arrangement where the lessee assumes complete responsibility for the property, including all risks, costs, and obligations, while the lessor receives a fixed rent.
Triple-Net Lease (NNN)
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.
Triple-Net Lease (NNN)
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.
Triple-Net Lease (NNN)
A Triple-Net Lease (NNN) is a type of lease agreement where the tenant agrees to pay all the operating expenses of the property, including property taxes, insurance, and maintenance, in addition to the rent.

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