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Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida .
NNN lease investments are essentially inflation-protected bonds guaranteed by a credit tenant, rather than a state or local municipality. The tenant makes monthly payments to the landlord, while the real estate (and often rent bumps called for in the lease) provides the investor protection against inflation.
“Those prices, they’re not rolling back.” ‘Keep it simple, stupid’: Former Home Depot CEO says Trump’s proposals resonate with all Americans ‘dying under 9.1% inflation.’
In US parlance, a lease where all three of these expenses are paid by the tenant is known as a triple net lease, NNN Lease, or triple-N for short and sometimes written NNN. The term "net lease" is distinguished from the term "gross lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed ...
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This type of surface has a variety of other names including tar-seal [1] or tarseal, [2] tar and chip, sprayed seal [3] surface dressing, [4] or simply seal. [ 5 ] In Australia as well as New Zealand, chipseal roads are common, including usage on major highways.
The group allegedly stole 281 buckets of roof sealer in more than 25 incidents in three years across 11 south and central Florida counties by swapping bar codes for Henry 887 Tropi-Cool roof ...