Property Management
A net lease used in Mississippi commercial real estate typically requires the tenant to pay rent plus:
ANothing additional
BSome or all of the property's operating expenses such as taxes, insurance, and maintenance✓ Correct
CThe landlord's mortgage payment
DA percentage of gross sales only
Explanation
Under a net lease, the tenant pays rent plus some or all of the property's operating expenses. A triple net (NNN) lease requires the tenant to pay base rent, property taxes, insurance, and maintenance.
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