NATIONAL NET LEASE REALTY
Updated 42 days ago
350 S River Road B3 New Hope, PA 18938
What is a Net, Net lease, vs a Net, Net, Net Lease? Net-Leases: Simply leases which net out expenses. The more "net" a lease is the less property management related responsibility a landlord or owner has. Net, Net Leases (Double-Net or NN): Usually means that the tenant not the landlord is responsible for all operating expenses and real estate taxes. Usually however, the owner or landlord is responsible for the building roof and structural integrity.