A TI Allowance is an amount paid by the owner to prepare a space for a new tenant. Many owners gladly pay to improve their space in exchange for a higher rent rate, longer lease...

A triple net (NNN) lease shifts the responsibility of payment (or reimbursement) of operating expenses onto the tenant. In other words, in a NNN lease, the tenant must pay...

This lease type establishes a ceiling or maximum on the amount of responsibility the owner has for operating expenses. The term “stop” in the lease type name comes from...