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Triple Net Leases...Revisited

Triple net leases make the tenant responsible for insuring the building or parts thereof. In another article, we discussed how dangerous these provisions can be to both the owner and tenant. Recently, an agent asked, "In the event the tenant commits arson and destroys the building, how do you protect the building owner's interest in the property under the tenant's policy?" Uh oh!

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Alexandria VA 22314
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fax: 703.683.7556

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