Property Management
A triple net lease (NNN lease) requires the tenant to pay:
AOnly base rent
BBase rent plus one of taxes, insurance, or maintenance
CBase rent plus property taxes, insurance, and maintenance costs✓ Correct
DBase rent only with no additional charges allowed
Explanation
A triple net (NNN) lease requires the tenant to pay base rent plus the three nets: property taxes, building insurance, and maintenance/repair costs. NNN leases are common in Oklahoma commercial real estate.
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