A manufacturing business is contracting to lease a large,open building and is seeking to add partition walls and a large air conditioning unit in order to accommodate its specific needs.What type of lease is the building owner likely to want to agree to?

Question

Quizplus · Accepted Answer

A triple net lease is most likely to be agreed upon in this scenario because it allows the tenant to take responsibility for additional expenses such as maintenance, repairs, utilities, and insurance. This would include the cost of the partition walls and air conditioning unit, and the building owner would not have to worry about these expenses.

A Manufacturing Business Is Contracting to Lease a Large,open Building