Property Management
In a commercial triple net (NNN) lease, the tenant is responsible for paying:
ABase rent only
BBase rent plus property taxes, insurance, and maintenance costs✓ Correct
COnly utilities and maintenance
DA percentage of the landlord's mortgage
Explanation
In a triple net lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses, providing the landlord with a relatively passive income stream.
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