Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Cindy Zhang
0
Votes |
4
Posts

NNN LEASES -INSURANCE RESPONSIBILITY QUESTIONS

Cindy Zhang
Posted

Hello!

Wondering if I can get clarity on the following insurance questions for commercial property with NNN leases.

1) Tenant - must purchase commercial general liability insurance for building naming the landlord as the additional insurer.

2) landlord - has to have property insurance as well as commercial general liability insurance as well? 

Does the tenant pay for all of the above then for NNN or is that negotiated and written clearly on the lease if tenant pays for what premiums?

Maybe some landlords out there can help?

This is a grey area where I have asked around and can't seem to get a straight answer.

Thank you!

Most Popular Reply

User Stats

138
Posts
44
Votes
Courtney Nguyen
  • Spring, TX
44
Votes |
138
Posts
Courtney Nguyen
  • Spring, TX
Replied

@Cindy Zhang

#1 by tenant

#2 landlord purchases it, then tenants reimburse via NNN

Loading replies...