NET LEASES Definition

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NET LEASES, typically, there are three net leases: net lease, double-net lease, and triple-net lease. A net lease is a base rent plus an additional charge for taxes. A double-net lease is a base rent plus an additional charge for taxes and insurance. A triple-net lease is base rent plus an additional charge for taxes, insurance, and common area expenses.

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H as the fifth letter of a Nasdaq stock symbol indicates that the issue is the second preferred bond of the company.

LESSEE is the party to whom the possession of specified property has been conveyed for a period of time in return for rental payments.

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