Having full control of your papers at any time is crucial to alleviate your day-to-day duties and enhance your productivity. Achieve any goal with DocHub features for papers management and convenient PDF file editing. Gain access, change and save and incorporate your workflows with other protected cloud storage services.
DocHub offers you lossless editing, the chance to work with any format, and safely eSign documents without having looking for a third-party eSignature option. Get the most from the document managing solutions in one place. Check out all DocHub features right now with your free profile.
A triple net lease (NNN) is a lease agreement between a commercial property owner and a tenant, often used for retail, industrial, and free-standing buildings. The term "triple net" refers to the tenant's responsibility for three main expenses: property insurance, real estate taxes, and common area maintenance. These costs are typically estimated annually and included in the monthly rent. At the end of the year, if actual expenses are lower than estimated, the tenant receives a refund; if higher, the tenant pays the difference. Tenants often request a cap on the triple net amount to manage potential increases in expenses. Additionally, the summary mentions obtaining a free lease template.