Triple Net Lease- Repairs

[Crusher]

I have a NNN lease and can’t seem to find in it who is responsible for the repairs to items like; water heaters, furnaces, and plumbing.

My a/c has gone out twice in the last two months. It’s only 2.5 years old. I have paid the bills both times, (labor only, parts under warranty).

In a NNN lease who is responsible for repairs like that me or the landlord?

Thanks for the advice.

 

[Patriot_sPizza]

generally, you are responsible for those repairs…

 

[Charles]

Yup, triple net is for Common Area Maintenance, Taxes, and Facility Insurance (not insurance on your stuff). When you sign a triple net lease on an existing premises, you should always have an inspection done of existing equipment.

 

[bodegahwy]

The common approach is that the tenant is responsible. But, that is just the common approach; your lease is the contract that defines who has to do what. I would be somewhat suprised to see one that did not clearly spell the issue out… but then you never know.