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Updated over 3 years ago,

User Stats

7
Posts
1
Votes
Farzad Nejad
  • Real Estate Agent
  • New Hope, PA
1
Votes |
7
Posts

Triple NNN Lease - How Insurance and Taxes are handled

Farzad Nejad
  • Real Estate Agent
  • New Hope, PA
Posted

How are the Taxes and Insurance handled in a triple NNN lease?

- Would the Landlord bill the Tenants every year? Monthly? 

- Under who's name would the building insurance be under?

- How are the Taxes and Insurance calculated for the term? Do they increase yearly? By how much? 

- Can landlord use taxes paid by tenant as a write-off? 

- Can tenant use taxes paid by them as a write off? 

Any insight or additional comments or questions are appreciated and welcome. Thank you in advance! 

Regards,

Farzad 

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