Property Management
A triple net (NNN) lease requires the tenant to pay:
ABase rent only
BBase rent plus property taxes, building insurance, and maintenance costs✓ Correct
CBase rent plus a percentage of gross sales
DBase rent plus utilities only
Explanation
In a triple net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance premiums, and maintenance/operating costs. This is common in commercial real estate.
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