Two other items are important to note when looking at NNN leases: 1.) The NNN expenses can vary greatly from property to property and 2.) In a true NNN lease, the tenant is still responsible for all of the tenantâs utilities (i.e. power, water, sewer, natural gas, etc.) This should help explain the mystery of NNNâs.
Lance definition, a long wooden shaft with a pointed metal head, used as a weapon by knights and cavalry soldiers in charging. See more.
late 13c. (late 12c. as a surname), from Old French lance (12c.), from Latin lancea light spear, Spanish lance (Italian lancia, Spanish lanza), possibly of Celt-Iberian origin. The French word spread into Germanic (cf. German Lanze, Middle Dutch lanse, Dutch lans, Danish landse).