Ever wonder what a triple net lease is? Why are there 2 lease rates? Just how much a month do I pay? Read on ...

This post is meant to clarify the world of business leasing for people who don't have extremely much experience in this location. It may even expose a number of points unknown to veterans also. It's a long post and I have actually tried to break it up into the important sections.

To start, leases can take different kinds of what the property owner is able to charge for rental quantities. The stance taken is constantly from the landlord's point of view and how the lease gathered is used. Where leases differ is how the Operating expense that a property manager incurs over the tenancy are dealt with. This is what makes it a Gross Lease or a Net Lease.

Before I enter into what makes it a Gross Lease or a Net Lease, the very first thing that requires to be defined and comprehended are running expenses. Operating Costs are the non-capital, cash costs a user happens while running the residential or commercial property. This can be the property manager or the tenant. The most common operating expenses, by definition, are residential or commercial property taxes