Property Management
In Washington, a net lease shifts which costs to the tenant?
AAll costs above a base amount
BSome or all of property taxes, insurance, and operating expenses in addition to base rent✓ Correct
COnly utility costs
DOnly maintenance costs
Explanation
In a net lease, the tenant pays base rent plus some or all of the property operating expenses (taxes, insurance, maintenance). The specific expenses passed through depend on whether it is a single, double, or triple net lease.
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