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What is the most common lease for retail property?

Percentage leases are most commonly used for retail properties (especially malls). In a percentage lease, tenants pay a base rent plus a portion of the gross sales they make from conducting business in the building.

What are the three types of net leases?

4 Types of Net Leases Single Net Lease. The single net lease, more commonly known as the net or N lease, is the simplest type. ... Double Net Leases. The double net (NN), or net-net, lease is popular among all types of net leases for commercial real estate. ... NNN or Triple N Lease. ... Bondable Net Lease.

Is nnn the same as Cam?

CAM is an acronym for Common Area Maintenance, while NNN features three nets, including CAM, property tax, and insurance.

What is multi-tenancy with example?

Multitenancy is a software architecture where a single software instance can serve multiple, distinct user groups. Software-as-a-service (SaaS) offerings are an example of multitenant architecture.

What is multi-tenant product?

Multi-Tenant \u2013 Multi-tenancy means that a single instance of the software and its supporting infrastructure serves multiple customers. Each customer shares the software application and also shares a single database. Each tenant's data is isolated and remains invisible to other tenants.

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