What Is a Triple-Net Lease? 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. Contrary to a single-net lease, double-net…
Hire a Commercial Property Inspector for Luxury Home Inspection or Estate Inspections Although a luxury home or estate is still technically a residential property, these properties may be designed and built with commercial applications or contain commercial features, such as substantial square footage, multiple HVAC systems, and commercial kitchen equipment. A commercial property inspector is…
A lot can go wrong while you are away or in-between tenants. This periodic inspection is designed to keep you apprised of what is happening at your vacant, abandoned, or partially occupied property and alert you to anything that might require immediate action. This inspection is useful for absentee owners, abandoned buildings, vacation homes, and…
The key to selling commercial real estate or selling commercial real estate fast is having a seller inspection performed on the property. What is a seller inspection? A seller inspection, also referred to as pre-listing inspection or pre-inspection, occurs when the seller of a commercial property is the inspector’s client. A seller inspection is most…
“Green” describes features, technologies and products that increase efficiency in a building’s energy and water usage, help protect the health of its occupants, and reduce the commercial property’s impact on the environment. Green buildings are healthier, more environmentally friendly, and economically smarter than average buildings. Green features: improve energy efficiency; reduce pollution; provide healthier air;…
Various laws around the world require public accommodations to provide goods and services to people with disabilities on an equal basis with the rest of the general public. Some of the laws and standards for accessibility include: Americans with Disabilities Act (ADA) Americans with Disabilities Act Accessibility Guidelines (ADAAG) Federal Fair Housing Act (FFHA) Fair…
Many buildings, including schools, high-rises, health care facilities, hospitals, churches, office buildings, factories, and warehouses are likely to have fire doors. Should a fire occur, the health, safety, and welfare of building occupants and emergency responders depend on the regular inspection of fire doors. The goal of a commercial fire door inspection is to provide…
Thermal imaging, also referred to as infrared scanning and thermography, is used by many energy auditors. It is a technology that allows commercial building and property inspectors to show clients things about a building that no one can show using other inspection methods. Thermal imaging produces images of invisible heat energy emitted from objects and…
If you’re a residential inspection professional or tradesman specializing in commercial building systems (electrical, HVAC, plumbing, etc.) and want to play a bigger role in the industry than you currently are, take our online courses. Becoming a commercial building inspector can be a great opportunity to provide commercial real estate professionals with the information they…
What Is a Triple-Net Lease? 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. Technically, the lessor owns the building…
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…