Manchester & Concord New Hampshire (NH) Realty Glossary

Our glossary of terms will help you better understand commercial real estate in NH. Have a look at some of the terms below to find out what they mean. If you have questions about commercial property for sale in NH, feel free to contact us today.

Our agents are always happy to listen and answer any questions you may have regarding a specific New Hampshire property for sale or even if you just have overall general questions about how to begin looking for New Hampshire properties.

When you begin your search for a new office space, storefront or warehouse, you may become overwhelmed with all of the details and other information you will have to keep track of. That is why we choose our New Hampshire real estate agents for the level of knowledge, expertise and experience they have with Manchester, Portmonth, Portsmouth, and Concord real estate.

Let our trained staff and attentive agents assist you today with your search for an office or warehouse or any other Portmonth or Manchester realty. Get started today with your search for commercial property - from Portsmouth to Concord, NH realty listings and so much more, we are proud to offer you the best real estate service in the state of New Hampshire.

Gross Lease ( also called fixed or flat lease)
A lease of property under which the lessee pays a fixed rent and the lessor pays the taxes, insurance and other charges regularly incurred through ownership.

Environmental Site Assessment (also called "environmental")
An investigation by an environmental engineer or other well qualified specialist to determine if there are any environmental hazards or concerns that affect the use of a property or impose future financial liability.

Net Lease
A lease in which the lessee not only pays the rent for occupancy but also pays maintenance and operating expenses such as taxes, insurance, utilities and repairs.

Net-net-net lease (also called a triple net lease)
A net-net-net lease where, in addition to the stipulated rent, the lessee assumes payment of all expenses associated with the operation of the property.