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Single web, double web, modified gross, oh my!
The world of business lease types and accounting is a wild one, filled with differing kinds of agreements and expense duties for both lessees and lessors. In this blog site, we'll review the numerous types of leases, such as net and gross leases, and do some comparative analyses, such as triple net vs gross lease, triple net vs double lease, and so on.
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Let's begin by taking a look at the two most basic categories: gross leases and net leases.
A gross lease in industrial realty is a lease in which the lessee is responsible just for their lease payment. The lessor pays all other operating costs, such as:
- Insurance
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