Property Management
A net lease requires the tenant to pay:
AOnly the base rent with the landlord paying all expenses
BBase rent plus some or all property expenses such as taxes, insurance, and maintenance✓ Correct
CA percentage of gross sales in addition to base rent
DA flat fee regardless of actual expenses
Explanation
In a net lease, the tenant pays base rent plus additional expenses. A triple-net (NNN) lease requires the tenant to pay base rent plus real estate taxes, insurance, and maintenance/CAM charges.
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