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Fernley is a city in Lyon County, Nevada, United States, and part of the Reno–Tahoe–Sparks metropolitan area CSA. The city was incorporated in 2001. The city was incorporated in 2001. The population of the city was 22,895 at the 2020 census , making it the 7th most populous city in Nevada .
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
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.).
Here's why Baby Boomers have been cheated out of money that should be theirs -- along with some tips on what seniors can do to cope with this very real problem.
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