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Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
In United States real estate, a bond lease, also called an absolute triple net lease, true triple net lease or even a hell-or-high-water lease is the most extreme form of the NNN lease, in which the tenant is responsible for every fathomable real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
In both United States law and English law, the hell or high water clause has historically been upheld in numerous cases. In the United States, this clause is given special protection under Article 2A of the Uniform Commercial Code when the agreement is classified as a finance lease. The article states that this special protection applies to a ...
"The thousands of violations committed by the L.A. County Sheriff highlights just how unfamiliar law enforcement can be with their own policies, how easy it is for police to use sensitive data for ...
Law enforcement agencies across California have routinely made data they collect from automated license plate readers available to federal and out-of-state police departments, despite guidance ...
The Law Enforcement Code of Ethics was revised in 1989 by the International Association of Chiefs of Police. [ 2 ] [ 14 ] The U.S. does not have a national code of ethics, rather individual police departments construct their own code of ethics based upon the basic standards laid out in the law enforcement associations that are then incorporated ...
Justice Elena Kagan on Monday outlined how the Supreme Court's new ethics code could be improved if it had an enforcement mechanism, rejecting claims that the idea she has proposed would be ...