Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
net lease
A lease in which the lessee pays rent plus property expenses (such as taxes and insurance).
net-net-net lease
A lease in which the lessee pays all the expenses, including mortgage interest and amortization, leaving the lessor with an amount free of all claims. - Also termed triple net lease.
triple net lease
See net-net-net lease under LEASE.