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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.
        

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