In a commercial net lease, tenants will need to pay more than just the rent. Operating costs, insurance and taxes will be divided up between the landlord and the tenants. When negotiating a commercial net lease, these shared expenses should be thoughtfully negotiated and clearly spelled out to avoid disputes which can be costly.
Since these expenses are often a very large part of the overall cost of the lease, tenants would be wise to carefully negotiate every single expense. The articles below discuss in detail the options for dividing shared expenses among the tenants and the landlord.
Commercial Triple Net Leases: Allocating Taxes
The basics of property taxes in a commercial lease agreement.
Commercial Triple Net Leases: Allocating Maintenance Costs
In a commercial net lease, both the landlord and tenants can assume responsibility for maintenance. How it's divided should be covered in your lease agreement.
Negotiate the Best Lease for Your Business
Need space for your business? This practical handbook explains how to analyze space needs, find the ideal location and then get the best possible terms.
This form contains everything businesses and landlords need to create their own gross lease.
If you wish to sublease space to another business, this is the form you need.
Commercial Net Lease for Entire Building
This form contains everything businesses and landlords need to create their own net lease for a 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.