How a lease agreement can make or break your business

Justin Lamontagne, Broker, NAI | The Dunham Group

I was recently listening to a podcast interview with a blogger who specializes in social media. She stressed the importance of sometimes writing for a mass audience as opposed your professional inner-circle. It inspired me to write this column on a topic most people who work within my industry understand. But among the public, including many landlords and tenants, it remains the single most confusing topic in commercial real estate: triple net and modified gross leases and how they differ.

First, it’s important to understand and recognize that a lease is a legally binding document.

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Article originally published in Mainebiz on October 29, 2012.

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