Real Estate/Development
Jun. 24, 2003
How 'Net' Is Your Lease?
BY MICHAEL CARBONE Owners and managers of industrial or retail space typically have their tenants sign net leases. In addition to paying for taxes and insurance, the tenant is expected to be responsible for most if not all of the repairs and maintenance of the premises.
BY MICHAEL CARBONE
Owners and managers of industrial or retail space typically have their tenants sign net leases. In addition to paying for taxes and insurance, the tenant is expected to be responsible for most if not all of the repairs and maintenance of the premises.
Owners and managers of industrial or retail space typically have their tenants sign net leases. In addition to paying for taxes and insurance, the tenant is expected to be responsible for most if not all of the repairs and maintenance of the premises.
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