Property Management
A triple-net (NNN) lease requires the tenant to pay:
ARent only
BRent plus utilities
CBase rent plus property taxes, insurance, and maintenance✓ Correct
DA percentage of gross sales as rent
Explanation
In a triple-net lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance costs. This shifts operating expenses from the landlord to the tenant and is common in commercial leases.
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