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The Importance of Net Lease Administration

Lease administration of triple net leased properties (or any properties for that matter) generally involves making sure the tenant’s obligations, as defined in the lease, are enforced.

By Jonathan Hipp | Updated on November 09, 2011

Lease administration of triple net leased properties (or any properties for that matter) generally involves making sure the tenant’s obligations, as defined in the lease, are enforced, as well as ensuring that the landlord is in compliance with any obligation that he may have under the lease.  Amongst other things, it involves making sure that you as the landlord are receiving not only proper rent payments but also ensuring that you are being reimbursed for all appropriate operating expenses.  Performing this task successfully is not difficult; however it does require organization and constant attention to detail.

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