Triple Net Lease Properties Warning

On a triple net lease property the owner should regularly inspect the  property under any type  of net lease that isn’t a bond lease because she  retains ultimate control — and  thus the liability — if the  tenant fails to properly maintain the  building. Robert has seen a litany  of litigation between the  owner and  tenant over  issues of exactly what  type  of net lease exists, with the  key dispute being  an interpretation of who is responsible for the  repair and  maintenance of building components. These lawsuits often  result from third-party injuries, with the  landlord and the  tenant each accusing the  other of failing to properly inspect, maintain, and/or repair the triple net properties.
http://www.buyingrentalproperty.org/triple-net-lease/