<P> In the field of commercial real estate , especially in the United States , a net lease requires the tenant to pay , in addition to rent , some or all of the property expenses that normally would be paid by the property owner ( known as the `` landlord '' or `` lessor '' ) . These include expenses such as property taxes , insurance , maintenance , repair , and operations , utilities , and other items . These expenses are often categorized into the `` three nets '' : property taxes , insurance , and maintenance . In US parlance , a lease where all three of these expenses are paid by the tenant is known as a triple net lease , NNN Lease , or triple - N for short and sometimes written NNN . </P>
<P> In the field of commercial real estate , especially in the United States , a net lease requires the tenant to pay , in addition to rent , some or all of the property expenses that normally would be paid by the property owner ( known as the `` landlord '' or `` lessor '' ) . These include expenses such as property taxes , insurance , maintenance , repair , and operations , utilities , and other items . These expenses are often categorized into the `` three nets '' : property taxes , insurance , and maintenance . In US parlance , a lease where all three of these expenses are paid by the tenant is known as a triple net lease , NNN Lease , or triple - N for short and sometimes written NNN . </P>
who pays property taxes in a triple net lease
who pays property taxes in a triple net lease
tenant
tenant