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Bond lease
In United States real-estate business a Bond Lease, often referred to as an "Absolute Triple Net Lease", "True Triple Net Lease", or even a "Hell-or-High-Water Lease" is the most extreme form of the NNN Lease, in which the tenant is responsible for every fathomable real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation.
==Casualties and acts of God==
The term bond or bondable is primarily used in higher structured lease forms which also include a requirement that the tenant completely backstop casualty and condemnation loss in addition to assuming all other payment and performance obligations generally associated with a standard triple net lease.〔Ralston, Gary http://www.ccim.com/cire-magazine/articles/real-estate-sale-leasebacks Real Estate Sale-Leasebacks〕 At first glance a bond lease may appear identical to a triple net lease, as the tenant is usually responsible for paying all the property taxes, insurance, and maintenance under both lease structures; however in a bond lease the tenant is obligated to rebuild after a casualty (acts of God included) or continue paying rent should the property be condemned.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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