Updated over 5 years ago on . Most recent reply
What do the NNN’s stand for?
NNN stands for net, net, net. These pass through expenses of leasing are portions tenants or lessees pay in addition to the lease fee, or rent to the landlord or lessor. The NNN fees are property taxes, property insurance and common area maintenance.
Do you see Management Fees included? When should these be reconciled and out to tenants?