Property Management
A net lease requires the tenant to pay, in addition to base rent:
ANothing additional
BSome or all operating expenses such as taxes, insurance, and maintenance✓ Correct
COnly the landlord's mortgage payment
DA percentage of the tenant's gross sales
Explanation
In a net lease, the tenant pays base rent plus some or all operating expenses. A triple-net (NNN) lease requires the tenant to pay taxes, insurance, and maintenance in addition to base rent.
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