Property Management
What is a master lease agreement in Nevada commercial real estate?
AA residential lease approved by NRED
BA lease in which one party (the master tenant) leases an entire property from the owner and then subleases portions to other tenants✓ Correct
CA lease that supersedes all other lease agreements on a property
DThe standard lease form required by Nevada law
Explanation
A master lease allows a master tenant to lease an entire building from the owner and sublease individual spaces to subtenants. The master tenant is responsible to the owner for the full lease obligations. This structure is common in commercial real estate investment.
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