Property Management
A triple net (NNN) lease requires the tenant to pay:
ARent only
BRent plus property taxes, insurance, and maintenance✓ Correct
CRent plus utilities only
DA percentage of gross sales
Explanation
In a triple net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance costs. NNN leases are common in commercial real estate and provide predictable income for landlords.
Related California Property Management Questions
- In California, a landlord must return a security deposit within how many days of a tenant moving out?
- What is the California law requirement for smoke detectors in residential rental properties?
- What is California's maximum security deposit limit for an unfurnished residential unit?
- Which of the following is NOT a protected class under the California Fair Employment and Housing Act (FEHA) as it applies to housing?
- How many days does a California landlord have to return a tenant's security deposit after the tenancy ends?
- What is the purpose of a property management trust account reconciliation?
- A property manager who collects rents, signs leases, and manages maintenance on behalf of an owner must hold which California license?
- A property manager wants to raise rents for existing tenants in a unit subject to local rent control. What must the manager do first?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →