Net Lease
Net Lease means:
a lease whereby, in addition to the rent stipulated, the lessee (tenant) pays such expenses as taxes, insurance, and maintenance. The landlord's rent receipt is thereby net of those expenses.
Net Lease means:
a lease whereby, in addition to the rent stipulated, the lessee (tenant) pays such expenses as taxes, insurance, and maintenance. The landlord's rent receipt is thereby net of those expenses.
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