the tenant pays property taxes in a triple net lease.
who pays property taxes in a triple net lease?
tenant
net lease types include single net, double net, and triple net leases, depending on the number of items they include. the term "net lease" often being used as a shorthand expression for any of these arrangements. the three most common expenses charged back in this fashion, often called the "three nets", are property taxes, insurance, and maintenance. a triple net lease that includes the three nets is particularly common and is often abbreviated in writing as "nnn lease", but is still pronounced as "triple net lease".





















































section::::variations of the nnn lease.





















































section::::variations of the nnn lease.:single-tenant net lease.
nnn lease
gatx engages in both full-service and net leasing of railcars. in a full-service lease, a gatx-owned mark is applied to the car, and gatx maintains the railcar and pays for any required property insurance and property taxes. in a net lease, the lessee applies its mark to the car, and the lessee pays for any required property insurance and property taxes. often, on a net-leased car, there is no evidence of gatx ownership, although some net lease cars carry a gatx logo.
gatx