triple-net-lease

Drafts U.S. triple net (NNN) commercial lease agreements allocating taxes, insurance, and maintenance to the tenant. Trigger when the user needs an NNN lease, net lease agreement, or commercial lease with triple net expense structure.

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Repository: ThomasMoreAI/legal-skills-open
Last source activity: May 27, 2026 at 14:27
Detected SKILL.md language: English
Stars: 40
Forks: 4

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Triple Net Lease (NNN)

Produces a transaction-ready NNN commercial lease with precise expense allocation, remedies, and execution mechanics.

Prerequisites

Collect before drafting:

Parties — legal names, entity types, formation states, authorized signatories.

Premises — address, suite/unit, RSF (BOMA standard), legal description, APN, parking/common-area rights.

Term Sheet / LOI — rent schedule, escalations, TI allowance, concessions, renewal/expansion options.

Property Context — single- vs multi-tenant; CAM structure; CC&Rs; exclusive-use limits.

Use & Compliance — permitted use, zoning confirmation, licensing, ADA allocation.

Insurance Targets — coverages, limits, carrier ratings (A.M. Best), additional insureds.

Finance / Title — lender requirements, SNDA, subordination expectations.

Exhibits — site plan, rules/CAM, work letter, estoppel form, SNDA form.

Quick Start

Complete the deal intake table below — flag any gaps before drafting.

Assemble clauses in the prescribed draft order.

Populate the maintenance matrix and insurance schedule.

Fill default/cure periods per jurisdiction.

Run the pre-execution checklist before circulating.

Deal Intake Table

Field

Required Detail

Source

Parties

Names, entity type, formation state, signatories

Formation docs, LOI

Premises

Address, suite, RSF, legal description, APN

Title, survey, deed

Term

Commencement trigger, expiration, options

LOI

Base Rent

Annual/monthly, payment method, proration

LOI

Escalations

Fixed %, CPI index/base, FMV process

LOI

Concessions

Free rent, TI allowance, recapture

LOI

NNN

Taxes, insurance, maintenance, CAM

LOI

Use

Permitted use, prohibited uses

LOI

Alterations

Consent standard, ownership, restoration