Property Management
A commercial property manager in Wyoming negotiating a lease renewal should understand that Net (NNN) leases require the tenant to pay:
AOnly base rent with no additional expenses
BBase rent plus taxes, insurance, and maintenance expenses✓ Correct
CA percentage of gross sales plus base rent
DRent only during months of occupancy
Explanation
A Triple Net (NNN) lease requires the tenant to pay base rent plus their proportionate share of property taxes, building insurance, and maintenance/operating expenses. NNN leases are common for commercial properties in Wyoming.
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