How to Perform Triple-Net Lease Inspections

About Triple-Net Leases A triple-net lease, also referred to as a net-net-net lease and NNN lease, is a lease agreement where the lessee (a single tenant) is responsible for paying the lessor (landlord) on a net-net-net basis for the following: real estate taxes; insurance; and property maintenance. This type of lease assigns building maintenance and…

Triple-Net Lease Sample Letter for Inspectors

There is great opportunity for triple-net lease clients to become a regular stream of revenue for inspectors and their team of consultants. After performing a triple-net lease inspection for a building owner, lessor, or lessee inspectors should consider discussing the benefits of them having a visual inspection of property performed periodically or at the end…