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Real Estate Glossary

Absolute Net

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Richard Wilson
Written by Richard Wilson

One of the strictest forms of commercial leases, an absolute net lease is when a tenant is not only responsible for the payment of the property or the space itself but also the taxes and insurance that come with it. This may also require the tenant to pay for maintenance services and any minor or major repairs.

One of the strictest forms of commercial leases, an absolute net lease is when a tenant is not only responsible for the payment of the property or the space itself but also the taxes and insurance that come with it. This may also require the tenant to pay for maintenance services and any minor or major repairs.

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Richard Wilson

Richard Wilson

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