Property Management
Net lease in commercial property management means the tenant pays:
AOnly base rent; the landlord covers all expenses
BBase rent plus some or all property expenses (taxes, insurance, maintenance)✓ Correct
CRent based on a percentage of gross sales
DA fixed amount regardless of property costs
Explanation
Under a net lease, the tenant pays base rent plus some or all property operating expenses. A 'triple net' (NNN) lease requires the tenant to pay base rent plus taxes, insurance, and maintenance.
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