Property Management
A triple-net lease (NNN) requires the tenant to pay:
ABase rent only
BBase rent plus a percentage of gross sales
CBase rent plus property taxes, insurance, and maintenance✓ Correct
DOnly operating expenses without a base rent
Explanation
A triple-net (NNN) lease requires the tenant to pay the base rent plus all three 'nets': property taxes, building insurance, and maintenance/operating expenses.
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