Make sure you print the separator sheet and place between each claim if you have more than one. Separate your DD1351-2 and suppoorting docuements for the 1st claim-insert separator sheet-add DD1351-2 and supporting documents for 2nd claim-insert separator sheet-add 3rd claim (repeat as needed)...
Lease rate: $5.00/SF/YR NNN (NNN = $3.25) This means that if you are renting a space that is 1,000 SF then your rent per month will be: $687.50/mo plus utilities. MG â Modified Gross â In this type of lease rate one would have the base rent and the NNN expenses already accounted for. So, the only extra charge would be the utilities.
That is a great question. Because the simple answer is that a modified gross lease means that you are going to need to ask the landlord what modified gross means. If it is a modified gross, it means the lease is not a net lease, but it is not a gross lease. It is a hybrid and the tenant is going to have to cover some portion of the operating expenses. The possibilities are just about endless - kind of like Baskin Robbins - at least 31 different flavors.