Property Management
A net lease requires the tenant to pay:
AOnly base rent with all expenses covered by the landlord
BBase rent plus some or all property expenses such as taxes, insurance, and maintenance✓ Correct
CA percentage of net income as rent
DRent based on the landlord's net income from the property
Explanation
In a net lease, the tenant pays base rent plus some or all property expenses. A triple-net (NNN) lease requires the tenant to pay base rent, property taxes, insurance, and maintenance — transferring most operating costs to the tenant.
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