Triple Net Assessments
Triple Net Assessments are performed to avoid costly, unknown liabilities. When leasing a building, many times the lessee is responsible for certain aspects of the building and its mechanicals.
Protect Your Investment
Your lease could include that you are responsible for such things as the heating and cooling systems, the roof, water heater or the electrical. In any of these cases it is in your best interest to bench mark each item the landlord had made you responsible for.
"By ordering a triple net inspection you could save hundreds of thousands of dollars in maintenance cost responsibility."
Why Triple Net Assessments Matter
Don't assume responsibility for systems that are at or near design life or won't live out the length of your lease.
Triple Net Assessments are performed to avoid costly, unknown liabilities.
Protect yourself when your lease makes you responsible for building systems.
Ensure you're covered financially before agreeing to lease/rent the property.
Benchmark each item the landlord has made you responsible for.
Common Lease Responsibilities
These are the building systems and mechanicals you may be responsible for under your lease agreement.
HVAC systems, furnaces, air conditioning units, and ductwork
Roof condition, materials, drainage, and maintenance requirements
Water heating equipment, efficiency, and remaining useful life
Electrical panels, wiring, outlets, and system capacity
Pipes, fixtures, water pressure, and drainage systems
Walls, windows, doors, and exterior building components
What You Get with Triple Net Assessments
NBI® can inspect your rental/leasing property to ensure that you do not assume responsibility for mechanical devices that are deficient or are nearing their useful design life.
Save hundreds of thousands of dollars in maintenance cost responsibility.
Avoid assuming responsibility for deficient or end-of-life mechanical devices.
Comprehensive reports and photos to ensure financial coverage.
Benchmark each item before agreeing to lease terms.
Our Triple Net Assessment Process
Property Evaluation
Comprehensive inspection of all systems and mechanicals you'll be responsible for.
Life Assessment
Evaluate remaining useful design life of critical building components.
Deficiency Identification
Identify systems that are deficient or nearing their useful design life.
Detailed Reporting
Receive comprehensive reports with photos and recommendations.
Financial Protection Through Documentation
With our reports and photos, you can ensure that you are covered financially before you agree to lease/rent the property.
What Our Reports Include:
- Current condition of all lease-responsible systems
- Remaining useful life estimates
- Deficiency identification and documentation
- Photo documentation of all findings
- Recommendations for lease negotiations
Don't Risk Costly Liabilities!
Get a Triple Net Assessment before signing your lease to protect yourself from unexpected maintenance costs and system failures.