What Is A Triple Net Lease? Be Careful Who Is Placing Your Policy
Did you know that a “Triple Net Lease” also known as NNN lease, is a lease in which the lessee pays rent to the lessor PLUS their portion of the taxes, insurance and maintenance expenses? When the tenant is responsible for the acquisition and/or modification of an insurance policy intended to protect the landlord, many […]
The BOP, It Is NOT A Dance!
Do you know, as a commercial property owner, your first line of defense from your commercial tenants is their BOP? (Business Owners Policy) The BOP can provide coverage for: General Liabilities, the business risk of the tenant. 3rd Party Liabilities, slip, trip and falls. Tenant Improvements, what they spend to build out the space. Inventory […]
The Honest Policy
What you don’t know won’t hurt you, right? Why ask the question if you can’t stand the answer? I just assumed I was going to be covered? These are all phrases you hear when one speaks of uncertainty. When the subject of AirBnB comes up in any conversation, there is always a bit of excitement […]
