Amidst discussions surrounding the statewide rent control law and its associated regulations, a unique aspect emerges when we shift our focus to commercial spaces. Unlike their residential counterparts, commercial properties navigate a distinctive set of rules when it...
In commercial real estate, the intricacies of lease agreements can sometimes feel like a complex puzzle. Triple net leases (NNN leases) are a prime example of this, where tenants shoulder not only the base rent but also an array of additional expenses. But have you ever wondered what the landlord’s financial responsibilities are in a triple-net lease? In this article, we will take an in-depth look at the often-overlooked aspects of triple-net leases, unveiling what landlords are responsible for paying.
