Property Management
A 'triple net lease' (NNN) in Delaware commercial real estate requires the tenant to pay:
ARent only, with the landlord paying all other expenses
BBase rent plus property taxes, insurance, and maintenance✓ Correct
CRent plus a percentage of net sales
DOnly utilities and property taxes
Explanation
In a triple net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses, making it favorable for landlords who receive a relatively fixed income.
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