Property Management
In a triple net (NNN) lease, the tenant is responsible for:
ABase rent only
BBase rent plus property taxes, insurance, and maintenance costs✓ Correct
CBase rent plus utilities only
DA percentage of the landlord's net income
Explanation
In a triple net lease, the tenant pays base rent plus the three nets: property taxes, building insurance, and maintenance/repairs, making it highly favorable to the landlord.
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