Property Management
A 'triple net' (NNN) lease is most common in which type of Utah property?
ASingle-family residential rentals
BRetail and commercial properties where tenants pay base rent plus taxes, insurance, and maintenance✓ Correct
CApartment complexes
DGovernment-owned buildings
Explanation
Triple net leases are standard in commercial real estate—especially retail strip centers, standalone retail, and office buildings. The tenant pays all three 'nets': property taxes, building insurance, and maintenance, in addition to base rent.
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