Property Management (alternative)
A Maryland triple-net (NNN) lease requires the tenant to pay:
ABase rent only
BBase rent plus property taxes, insurance, and maintenance costs✓ Correct
COnly utilities and maintenance
DRent adjusted annually by CPI only
Explanation
In a triple-net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses, giving the landlord a true net income.
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