Property Management
A triple net (NNN) lease tenant who fails to pay property taxes could result in the landlord:
AHaving no concern, as it is fully the tenant's responsibility
BFacing a tax lien against the property, as the landlord remains ultimately responsible for taxes✓ Correct
CAutomatically receiving tax forgiveness
DBeing reimbursed by the local government
Explanation
Even in a NNN lease where the tenant is contractually obligated to pay taxes, the property tax lien attaches to the property (the landlord's asset). The landlord remains responsible if the tenant fails to pay.
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