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Commercial Net Lease for Part of Building
Commercial Net Lease for Part of Building
This form contains everything businesses and landlords need to create their own net lease for a space within a building. In a net lease, the tenant not only pays rent, but also part of the building's operating costs. These costs include property taxes, insurance and maintenance.
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In a net lease, the tenant not only pays rent, but also part of the building's operating costs. These costs can include property taxes, insurance and maintenance.
This form is a net lease for a part of a building.
Many landlords already have their own leases. However, smaller landlords -- those who own only one or two buildings -- will be more likely to sign this lease form.
Consider using a "Commercial Gross Lease" if it can save you money over the long run. A net lease is often cheaper initially, but may become more expensive if operating costs rise. The longer the lease period, the more inclined you should be to elect a gross lease.