Property Management
A net lease in Kentucky typically requires the tenant to pay:
AOnly base rent
BBase rent plus some or all property expenses such as taxes, insurance, and maintenance✓ Correct
CA percentage of gross sales
DRent based on the appraised value
Explanation
In a net lease, the tenant pays base rent plus some or all of the property's operating expenses. Triple net (NNN) leases require the tenant to pay base rent plus taxes, insurance, and maintenance.
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