answersLogoWhite

0

In a NNN lease the tenant (person leasing the property) is liable for the taxes, insurance, and CAM (Common Area Maintenance) expenses.

In a Gross Lease, the tenant pays a fixed amount of rent to the Landlord and has no other expenses to pay.

User Avatar

Wiki User

12y ago

Still curious? Ask our experts.

Chat with our AI personalities

ReneRene
Change my mind. I dare you.
Chat with Rene
CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine

Add your answer:

Earn +20 pts
Q: What is difference between NNN lease and gross lease?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Art & Architecture