New Nordic Norm, a type of binding for cross-country (nordic) skis. This binding improves upon the traditional three pin binding. The NNN binding is more rigid against twisting and lateral movement of the boot with respect to the ski while being more flexible regards to up and down heel movement. NNN bindings are lighter than its competitor, Salomon, who makes the SNS and the SNS Pilot system.
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NNN real estate is a desired type of real estate for 1031 exchange investors largely because it offers an "out" from day to day management and because the property can be closed easily within the 45 day/180 day timeline.
NNN is the abbreviation for triple net lease (aka net lease and net net net lease), and offer investors no/low management real estate, high quality tenants and strong cash flow real estate opportunities.
NNN TIC (Tenants-in-common) property is fractional ownership of NNN property (like a condo to the condominium building/1 piece of a larger pie).
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