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How to group initials lease

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hi guys sorry about the bad lighting its at night but I really wanted to remind you guys before this video started about the link in the description box below we have 25 off on all the prep agent bundle packages whether its premium basic or Deluxe our program will help give you the confidence so youre ready to pass your National and or state real estate exam hi this is Joe from prep agent Im going to talk to you about four different types of leases that you should know when studying for a real estate exam what they are are the percentage lease groceries net lease and sandwich lease the first is the percentage lease the percentage lease is when you pay an amount based upon the amount of money you got coming into your business the amount based upon your gross receipts youre literally paying a percentage of the money youre taking in thats a percentage lease its more common with commercial properties another one thats common with commercial properties is the net lease very often

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What is the difference between MG and NNN?

The Triple Net Lease (NNN) puts all of the property expense risks on the Tenant. The Modified Gross Lease (MG) splits the expense risks between the Landlord and Tenant. Both Tenants and Landlords should consider a Modified Gross Lease if it leads to a lease agreement that both parties are comfortable with.

Is full service the same as NNN?

The triple net (NNN) lease is a lease structure where the tenant is responsible for paying all operating expenses associated with a property. This is in contrast to a full service lease where the landlord is responsible for paying all operating expenses associated with a property.

How do you explain NNN?

A triple net lease is also known as triple-Net or NNN is a lease agreement between the property owner and the tenant leasing the space. The tenant or lessee promises to pay all the expenses of the property. These expenses include: Real estate taxes.

What does FSG mean rent?

A full service gross lease or FSG is a lease where the landowner or building owner pays all costs associated with maintenance and upkeep and the tenant pays only for rent and utility costs.

What is the initial term of a lease?

Initial Term of the Lease means the period beginning on the commencement date of the Lease and ending on the date on which the initial term of the Lease expires, exclusive of any renewal or extension term.

What are the advantages of NNN?

Some of the benefits that pro-NNN people claim about NNN is that it increases energy levels, improves self-confidence, boosts mental clarity, increases testosterone, and increases physical output in the gym. For many men dealing with erectile dysfunction, sex or ation can become especially stressful.

What is the difference between NNN and FSG?

Triple Net (NNN): Add all of a buildings expenses or nets to the Base Rent. Full Service Gross (FSG): Tenant pays the additional amount over a Base Year. The Base Year is typically year 1 of the lease.

What does $12 NNN mean?

Commercial spaces may be advertised as $12/psf NNN meaning $12 per square foot is the base rent and the NNN expenses will be in addition to that. CAM, or common area maintenance, is one of the three NNN Expenses that commercial tenants pay for as additional rent.

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