Property Management
In South Carolina, which type of commercial lease passes through increases in property taxes and operating costs to the tenant?
AGross lease
BNet lease✓ Correct
CPercentage lease
DGround lease
Explanation
Net leases (single, double, or triple net) require tenants to pay some or all operating expenses in addition to base rent. A triple net (NNN) lease passes through property taxes, insurance, and maintenance.
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