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Net LeaseA lease requiring the tenant to pay, in addition to a fixed rental, the expenses of the property leased, such as taxes, insurance, maintenance, etc. In some states the terms net net, net net net, triple net, and other such repetitions are used.Net leaseA lease arrangement under which the lessee is responsible for all property taxes, maintenance expenses, insurance, and other costs associated with keeping the asset in good working condition.Net lease Similar MatchesFull service leaseFull service leaseAlso called rental lease. Arrangement in which lessor promises to maintain and insure the equipment leased. Break even lease paymentBreak even lease paymentThe lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement. Full payout leaseFull payout leaseSee: Financial lease P Partial ReleaseP Partial ReleaseA release of a portion of property covered by a mortgage. A subdivider will obtain a partial release as each lot is sold, upon payment of an agreed upon amount. In areas where the subdivider is not usually the builder, it may be necessary to sell groups of lots to obtain a partial release. In areas where deeds of trust are used instead of mortgages, a "partial reconveyance" is the document used. LeaseholdLeaseholdAn asset providing the right to use property under a lease agreement. Further SuggestionsLeaseLeveraged lease Direct lease Operating lease Safe harbor lease Capital lease Ground lease Deeds release fee Sale and lease back Lease Lease purchase agreement Leasehold improvement Triple net lease Rental lease lease Release clause True lease Leasehold Gross Lease Lease acquisition cost Leaseback leasehold land Open end lease equity release scheme Graduated lease |
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