Property Management
A commercial lease in Pennsylvania that requires the tenant to pay a base rent plus a share of operating expenses is called a:
AGross lease
BNet lease✓ Correct
CPercentage lease
DGround lease
Explanation
A net lease requires the tenant to pay base rent plus some or all operating expenses (taxes, insurance, maintenance). Triple net (NNN) leases — common in Pennsylvania commercial real estate — require tenants to pay all three major operating expense categories.
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