A triple net lease ( triple - Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property including real estate taxes, building insurance, and maintenance.
In SmartMLS, you will only find this option on the Commercial for Lease listing input form.
Go to the Lease Info tab and then down to the Landlord Requirements field:
For more information on Triple Net leases, click here .
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