Make sure you ‘net’ right commercial lease

Commercial landlords and tenants, similar to other parties transacting in a particular business area, have a language all their own when negotiating leases. Commercial-lease negotiations frequently involve terms like “net” “net-net,” “double-net,” “triple-net,” and “absolute net” as shorthand for discussing who pays for what under the terms of the agreement. Problems arise, however, when a…

Want More?

Subscribe or register with Providence Business News to keep reading.

for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -