Property Management
Under an Iowa triple net (NNN) lease, the tenant is responsible for:
AOnly base rent
BBase rent plus utilities only
CBase rent plus property taxes, insurance, and maintenance expenses✓ Correct
DAll expenses including the landlord's mortgage
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 Iowa commercial real estate.
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