Property Management
A net lease (NNN) requires the commercial tenant to pay:
AOnly base rent
BBase rent plus some or all operating expenses such as taxes, insurance, and maintenance✓ Correct
CA percentage of gross revenues as rent
DAll costs including mortgage payments
Explanation
A triple net (NNN) lease requires the tenant to pay base rent plus property taxes, insurance, and maintenance costs, passing most operating expenses to the tenant.
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