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	<title>Redstone Commercial Realestate &#187; Brokerage Terminology</title>
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		<title>What is LEED®?</title>
		<link>http://blog.redstonevt.com/2008/07/25/what-is-leed%c2%ae/</link>
		<comments>http://blog.redstonevt.com/2008/07/25/what-is-leed%c2%ae/#comments</comments>
		<pubDate>Fri, 25 Jul 2008 18:58:24 +0000</pubDate>
		<dc:creator>redstone</dc:creator>
				<category><![CDATA[Brokerage Terminology]]></category>
		<category><![CDATA[Green]]></category>
		<category><![CDATA[Sustainability]]></category>

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		<description><![CDATA[The Leadership in Energy and Environmental Design (LEED) Green Building Rating System™ encourages and accelerates global adoption of sustainable green building and development practices through the creation and implementation of universally understood and accepted tools and performance criteria. (information excerpted from US Green Building Council website, www.usgbc.org) LEED is a third-party certification program and the nationally accepted benchmark for [...]]]></description>
			<content:encoded><![CDATA[<p>The Leadership in Energy and Environmental Design (LEED) Green Building Rating System™ encourages and accelerates global adoption of sustainable green building and development practices through the creation and implementation of universally understood and accepted tools and performance criteria. (information excerpted from US Green Building Council website, <a href="http://www.usgbc.org">www.usgbc.org</a>) <span id="more-6"></span>LEED is a third-party certification program and the nationally accepted benchmark for the design, construction and operation of high performance green buildings. LEED gives building owners and operators the tools they need to have an immediate and measurable impact on their buildings’ performance. LEED promotes a whole-building approach to sustainability by recognizing performance in five key areas of human and environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality.</p>
<h2>Who uses LEED?</h2>
<p>Architects, real estate professionals, facility managers, engineers, interior designers, landscape architects, construction managers, lenders and government officials all use LEED to help transform the built environment to sustainability. State and local governments across the country are adopting LEED for public-owned and public-funded buildings; there are LEED initiatives in federal agencies, including the Departments of Defense, Agriculture, Energy, and State; and LEED projects are in progress in 41 different countries, including Canada, Brazil, Mexico and India.</p>
<h2>How is LEED Developed?</h2>
<p>LEED Rating Systems are developed through an open, consensus-based process led by LEED committees. Each volunteer committee is composed of a diverse group of practitioners and experts representing a cross-section of the building and construction industry. The key elements of USGBC&#8217;s consensus process include a balanced and transparent committee structure, technical advisory groups that ensure scientific consistency and rigor, opportunities for stakeholder comment and review, member ballot of new rating systems, and a fair and open appeals process.</p>
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		<title>What does the term NNN mean?</title>
		<link>http://blog.redstonevt.com/2008/07/24/what-does-the-term-nnn-mean/</link>
		<comments>http://blog.redstonevt.com/2008/07/24/what-does-the-term-nnn-mean/#comments</comments>
		<pubDate>Thu, 24 Jul 2008 15:13:03 +0000</pubDate>
		<dc:creator>redstone</dc:creator>
				<category><![CDATA[Brokerage Terminology]]></category>
		<category><![CDATA[Brokerage]]></category>

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		<description><![CDATA[A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three &#8216;Nets&#8217;) on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the [...]]]></description>
			<content:encoded><![CDATA[<p>A <strong>triple net lease</strong> (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three &#8216;Nets&#8217;) on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with repairs or replacement of the structural building elements of the property.</p>
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