Property Management
In Montana, a 'triple net lease' (NNN) for commercial property means the tenant pays:
AOnly the base rent with the landlord covering all expenses
BBase rent plus property taxes, building insurance, and maintenance costs✓ Correct
CThree times the base rent as a penalty
DRent only during the first three months, then net rent thereafter
Explanation
A triple net (NNN) lease requires the tenant to pay base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating costs. The landlord receives a relatively net amount with fewer ownership expenses.
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