Property Management

A triple-net (NNN) lease requires the commercial tenant to pay:

AOnly base rent with no additional obligations
BBase rent plus property taxes, building insurance, and maintenance costs✓ Correct
CThree times the market rent rate
DBase rent plus utilities only

Explanation

In a triple-net lease, the tenant pays base rent plus three categories of expenses: property taxes, building insurance, and maintenance/repairs. It is common in commercial real estate.

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