A Triple Net Lease (NNN) is a leasing agreement where the lessee (the person renting) agrees to pay all real estate taxes, building insurance, and maintenance on the property in addition to any normal fees, including rent and utilities. A Triple Net Lease is also known as a net-net-net lease. Rent charges tend to be lower in Triple Net Leases compared to standard lease agreements because of Continue Reading about What Is A Triple Net Lease?