Property Management
In Wyoming commercial leasing, a triple net (NNN) lease requires the tenant to pay:
ABase rent only, with the landlord covering all expenses
BBase rent plus their pro-rata share of property taxes, insurance, and maintenance✓ Correct
COnly property taxes and insurance
DUtilities only in addition to base rent
Explanation
A triple net lease requires the tenant to pay base rent plus property taxes, insurance, and maintenance/operating expenses. NNN leases are common in retail and commercial properties and pass most property operating costs to the tenant, providing the landlord with a more predictable net income.
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