Property Management
A Montana property manager handling commercial leases should understand that a triple net (NNN) lease requires the tenant to pay:
AOnly base rent with no additional charges
BBase rent plus property taxes, insurance, and maintenance expenses✓ Correct
CBase rent plus a percentage of sales revenue only
DAll utilities but not property taxes or insurance
Explanation
In a triple net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses. This structure is common in Montana commercial real estate for retail and industrial properties.
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