Net Lease

Financial Definition of Net Lease

Meaning of Net Lease

A 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.

Related Entries of Net Lease in the Encyclopedia of Law Project

Browse or run a search for Net Lease in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Net Lease in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Net Lease in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Net Lease in the Legal Abbreviations and Acronyms Dictionary.

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See also

Triple Net Lease in the American legal Encyclopedia

Concept of Net Lease in the context of Real Property

A short definition of Net Lease: A 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. See also: Gross Lease.

Concept of Net Lease in the context of Real Property

A short definition of Net Lease: A 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. See also: Gross Lease.


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