Property Management
A Massachusetts 'triple net (NNN) lease' requires the commercial tenant to pay:
AOnly base rent
BBase rent plus property taxes, insurance, and maintenance costs✓ Correct
CBase rent plus utilities only
DThree times the market rent
Explanation
A triple net (NNN) lease requires the tenant to pay base rent plus all three 'nets': property taxes, building insurance, and maintenance/repair costs. This gives the landlord a 'net' income free of these expenses.
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