Property Management
A West Virginia commercial tenant on a 'net lease' who pays base rent plus their proportionate share of taxes, insurance, and maintenance is on a:
AGross lease
BModified gross lease
CDouble-net (NN) lease
DTriple-net (NNN) lease✓ Correct
Explanation
A triple-net (NNN) lease passes all three major operating expense categories — property taxes, building insurance, and maintenance/repairs — to the tenant in addition to base rent.
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