Can I negotiate my Triple Net? - Posted by Robert

Posted by ray@lcorn on October 22, 2010 at 14:33:01:

Robert,

I assume you are asking as the lessee?

Most leases provide audit rights when the tenant is paying expenses. Read your lease, and if that’s the case just follow the procedure.

If not you may still have remedy under state law. For that you’ll have to talk to a local attorney who knows landlord/tenant law as it pertains to commercial leases/contracts. The attorney will need a copy of the lease to give guidance as to possible remedy(s).

ray

Can I negotiate my Triple Net? - Posted by Robert

Posted by Robert on October 21, 2010 at 12:26:45:

My rent is $4000 and my Triple Net is $2000. Is there any way I can renegotiate my Triple Net. I highly doubt my Triple Net is that much. How do I investigate this?

Thanks…Robert