Triple Net Leases - Landlord and Tenant Viewpoints
National Business Institute
Course description
Triple Net Leases - Landlord and Tenant Viewpoints
Under the right set of circumstances, triple net leases can be advantageous for both parties. Landlords can reduce risk by passing costs related to property taxes, insurance and maintenance on to the tenant, and tenants can save cash by paying lower monthly rent. However, without a complete understanding of the benefits and risks associated with triple net leases, these agreements can backfire fast. This focused program will introduce you to the basics of the triple net lease, showing you how they stack up to other lease options. Learn how to maximize benefits and protections for your clients.
Training content
- Gross vs. Single Net vs. Double Net vs. Triple Net Lease
- Dividing CAM Costs, Repair Costs, and Operating Expenses
- Pass-Throughs and Exclusions
- Allocation, Including with Multiple Tenants
- Audit Provisions
- Triple Net Lease Pitfalls to Avoid
- Default Provisions - What Must be Included
- Highly Negotiated Terms - Landlords vs. Tenants
- Real-Life Scenarios
Certification / Credits
- Evaluate the benefits and risks of triple net vs. gross, single, and double net leases.
- Avoid mistakes that can lead to unforeseen expenses for both parties.
- Learn which lease terms you must negotiate to maximize benefit for your clients.
Why choose NBI?
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About NBI
National Business Institute
At NBI, we believe that enhancing professional knowledge through continuing education empowers our customers to better serve their community. With over 35 years of experience, we understand the needs of legal professionals seeking continuing education and we are dedicated to...
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National Business Institute
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