Property Management
A Maryland commercial lease that is 'triple net' (NNN) requires the tenant to pay:
AOnly base rent
BBase rent plus their share of real estate taxes, building insurance, and maintenance costs✓ Correct
CUtilities only beyond base rent
DBase rent plus a 10% management fee
Explanation
In a triple-net (NNN) lease, the tenant pays base rent plus their proportionate share of property taxes, building insurance, and common area maintenance costs.
Related Maryland Property Management Questions
- In Maryland, a commercial property's operating expense ratio is calculated as:
- A Maryland lease agreement must include which of the following to be enforceable?
- Under Maryland's Real Property Article, a landlord who wishes to evict a month-to-month tenant without cause must provide:
- A Maryland property manager who receives a housing inspection citation from the county must:
- A Maryland property manager discovers a tenant has abandoned the property. The manager should:
- In Maryland, a property manager who collects rent and manages property for others is required to:
- Maryland's law on constructive eviction holds that a landlord who makes a rental uninhabitable may:
- Under Maryland landlord-tenant law, a landlord must return a security deposit within how many days after the tenant vacates?
Practice More Maryland Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maryland Quiz →