{"id":159,"date":"2020-05-12T10:44:00","date_gmt":"2020-05-12T08:44:00","guid":{"rendered":"http:\/\/realtyspace.codefactory47.com\/?p=159"},"modified":"2023-06-26T09:58:00","modified_gmt":"2023-06-26T07:58:00","slug":"video-tour","status":"publish","type":"post","link":"https:\/\/www.ktesion.com\/staging\/2020\/05\/12\/video-tour\/","title":{"rendered":"Property Lease Types"},"content":{"rendered":"\n<p>Gross Lease: Rent is all-inclusive. Tenant pays a flat amount with the landlord paying all expenses associated with the property (taxes, insurance, utilities, maintenance etc.).<\/p>\n\n\n\n<p>Net Lease: Landlord usually charges a lower `base rent` and tenant pays for the operating expenses. In a Triple Net Lease (or NNN) the tenant will pay the rent and some or all of the property expenses that normally <a><\/a>would be paid by the property owner (i.e. operating expenses as well as utilities, taxes, property insurance, maintenance etc.). Landlord therefore receives the rent &#8220;net&#8221; after the expenses which are passed through to tenants are paid.<\/p>\n\n\n\n<p>Hybrid Lease: Leases which fall somewhere in between a Gross Lease &amp; a Net Lease are considered Hybrid Leases. Landlord and Tenant share the operating expenses according to their contract\/agreement. Usually, this is agreed based on charges that can be allocated to a tenant separately and the charges which cannot be allocated separately may be paid by the landlord. The parties may further agree to an &#8220;expense stop&#8221; approach where tenant may agree to be charged for the extra cost of operating expenses when these are over and above a specified amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gross Lease: Rent is all-inclusive. Tenant pays a flat amount with the landlord paying all expenses associated with the property (taxes, insurance, utilities, maintenance etc.). Net Lease: Landlord usually charges a lower `base rent` and tenant pays for the operating expenses. In a Triple Net Lease (or NNN) the tenant will pay the rent and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":645,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[94,96,90,95,89,92],"class_list":["post-159","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-gross","tag-hybrid","tag-leases","tag-net","tag-property","tag-tenants","post_format-post-format-video"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/posts\/159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/comments?post=159"}],"version-history":[{"count":3,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/posts\/159\/revisions"}],"predecessor-version":[{"id":746,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/posts\/159\/revisions\/746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/media\/645"}],"wp:attachment":[{"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/media?parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/categories?post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ktesion.com\/staging\/wp-json\/wp\/v2\/tags?post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}