Property Management
A Vermont commercial lease triple net (NNN) means the tenant pays:
AOnly base rent
BBase rent plus their proportionate share of real estate taxes, insurance, and building maintenance costs✓ Correct
CBase rent plus utilities only
DA fixed all-inclusive rent covering all operating expenses
Explanation
A triple-net (NNN) lease requires the tenant to pay base rent plus their pro-rata share of property taxes, building insurance, and common area maintenance (CAM) costs in addition to their own operating expenses.
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