Property Management
In a 'net lease' for a North Dakota commercial property, the tenant pays:
AOnly base rent with no additional charges
BBase rent plus some or all operating expenses such as taxes, insurance, and maintenance✓ Correct
CA percentage of sales plus base rent
DOnly utilities
Explanation
In a net lease, the tenant pays base rent plus some or all of the property's operating expenses. A triple net (NNN) lease requires the tenant to pay base rent, property taxes, insurance, and maintenance.
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