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Accounting > Net Leases
The following information is about Net Leases.
Net Leases Defined
typicallythere are three net leases: net leasedouble-net leaseand triple-net lease. A net lease is a base rent plus an additional charge for taxes. A double-net lease is a base rent plus an additional charge for taxes and insurance. A triple-net lease is base rent plus an additional charge for taxesinsuranceand common area expenses.
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