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.
Noun. 1. Lancelot - (Arthurian legend) one of the knights of the Round Table; friend of King Arthur until (according to some versions of the legend) he became the lover of Arthur's wife Guinevere. Sir Lancelot.Arthurian legend-the legend of King Arthur and his court at Camelot.. Lancelot - (Arthurian legend) one of the knights of the Round Table; friend of King Arthur until (according to some versions of the legend) he became the lover of Arthur's wife Guinevere. Sir Lancelot. Arthurian legend-the legend of King Arthur and his court at Camelot.