Net Lease | Real Estate Glossary | Realestateagent.com

Definition of "Net lease"

Also called triple net lease. The lessee pays not only a fixed rental charge but also expenses on the tented property, including maintenance.

Bankruptcy declared by any insolvent person or business. In contrast to involuntary bankruptcy, whic ...

To confirm, ratify, verify, and accept a transaction that can be canceled. ...

Means of borrowing at no charge by a policyowner under universal life insurance policies. ...

Notice of a pending suit; a public notice given to prospective purchasers and any one else consideri ...

mortgage being reduced through periodic principal and interest payments. ...

Coverage in a separate policy or as an endorsement to the commercial general liability (CGL) form, f ...

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

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