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The triple net lease means how the investor has a guaranteed return on his investment, less or more. Rising property taxes or commercial insurance rates don't affect him, for the reason that lessee pays these, as well as maintenance costs. Essentially, the who owns the property just collects the rent Extra resources for enhancing . of the lease. Whenever you can imagine, these are deals a large number of investors would like to use.
Ask if their business carries general liability insurance. Next ask just how much. I would not feel too comfortable about any roofing company that carried less typical $250,000 general liability insurance Have a peek at this website protection. Then ask to see their proof of insurance. And be certain to ask if they have workman's compensation insurance. If they don't furthermore happens these on your property, will probably be sued. Any beating across bush here should often be a major red rag for that move about the next installer.
We know you do not want this happening to you, so today we desire to provide some pointers that support keep firm running smooth with effective cover.
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