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…
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