Property Management
A net lease in commercial property management means the tenant pays:
AA fixed rent with no additional expenses
BBase rent plus some or all of the property's operating expenses (taxes, insurance, maintenance)✓ Correct
CA percentage of their gross sales as rent
DOnly the property taxes with no base rent
Explanation
In a net lease, the tenant pays base rent plus some portion of operating expenses. A 'triple net' (NNN) lease requires the tenant to pay base rent plus property taxes, insurance, and maintenance costs.
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