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Sep 11, 2024
2:52
:57
pm
mudpupper
All-American
Yes, but that only covers shared resources on the property.
The NNN covers groundskeeping, snow removal, etc.
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mudpupper
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mudpupper
Joined
May 13, 2003
Last login
Sep 20, 2024
Total posts
43,647 (150 FO)
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Messages
Author
Time
Negotiating a commercial lease agreement. Who should pay for HVAC repairs?
mudpupper
Sep 11, 2:46pm
Is it a triple net lease?
Niiineteeen84
Sep 11, 2:48pm
Yes, but that only covers shared resources on the property.
mudpupper
Sep 11, 2:52pm
Triple net usuallly leaves almost everything mechanical on the tenant. Sucks
kotacoug
Sep 11, 2:54pm
But tenant shouldn't agree to that if it's an old unit.
Plato
Sep 11, 3:06pm
Luckily this is a brand new build.
mudpupper
Sep 11, 3:46pm
Yes, it's normal now. 10 or 15 years ago, almost all commercial leases said the
BYUMizzou
Sep 11, 2:50pm
I'm also seeing more and more commercial leases that make the tenant responsible
BYUMizzou
Sep 11, 2:56pm
BM Endocoug
BIG XII Coug
Sep 11, 2:54pm
Figure out what shape it's in
Gustav
Sep 11, 3:42pm
That actually sounds like a pretty good deal. You could try to add in that the
misterpepper
Sep 11, 5:10pm
Some triple net leases will make the tenant 100% responsible even for replacing
Gente_Boa
Sep 11, 6:34pm
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