Property Management
A triple net (NNN) lease requires the tenant to pay:
AOnly base rent
BBase rent plus their proportionate share of property taxes, insurance, and maintenance✓ Correct
CAll property costs with no base rent
DRent calculated as a percentage of gross sales
Explanation
A triple net (NNN) lease requires the tenant to pay base rent plus the three 'nets': property taxes, building insurance, and maintenance expenses. Common in commercial real estate.
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