Property Management
A triple net (NNN) lease requires the tenant to pay:
AOnly base rent with landlord paying all expenses
BBase rent plus property taxes, insurance, and maintenance expenses✓ Correct
CA percentage of gross sales in addition to base rent
DThree times the normal market rent
Explanation
In a triple net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses. This is common in commercial real estate.
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