Property Management
In Ohio, which type of commercial lease is most favorable to the landlord during periods of rising operating costs?
AGross lease
BNet or triple-net lease✓ Correct
CPercentage lease
DFull service lease
Explanation
In a net/NNN lease, the tenant pays operating expenses. As costs rise, the landlord is insulated because the increases are passed to the tenant. In a gross lease, rising costs reduce the landlord's net income.
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