Property Management

In a West Virginia commercial triple net (NNN) lease, the tenant is responsible for paying:

ABase rent only
BBase rent plus property taxes, insurance, and maintenance costs✓ Correct
CBase rent plus a percentage of gross sales
DBase rent plus utilities only

Explanation

In a triple net (NNN) lease, the tenant pays base rent plus three additional expenses: property taxes, building insurance, and maintenance/operating costs. This shifts most property ownership expenses to the tenant.

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