Net lease

A property Lease in which the Lessee agrees to pay all expenses which are normally associated with ownership, such as utilities, repairs, Insurance and taxes. also called closed-end lease.

Related Terms: 10 Call, CLO, Close, Expense, Insurance, Lease, Lessee, Own, Property, Tax

Other Related Pages: Category: Real_Estate Starting With: N

Additional Related Terms: Accrued expense, After-tax basis, At par, All or any part, Associate member, At best, At call, Accumulated earnings tax, Adjustable life insurance, All-risks coverage