The rental income generated by a lease can depend significantly on the proportion of property-level operating expenses paid by the tenant. In which of the following types of leases is the tenant responsible for all operating expenses?
A) Gross lease
B) Net lease
C) Net-net lease
D) Triple net lease
Correct Answer:
Verified
Q1: Of the following choices, which best describes
Q2: Some tenants who are subject to long-term
Q4: In contrast to rent for residential units,
Q5: In commercial leases, rents do not necessarily
Q6: The lease is a contract between a
Q7: For most commercial property types, lease lengths
Q8: The choice of which method to use
Q9: Once possession and control are conveyed in
Q10: When the supply of space exceeds the
Q11: A recent trend in commercial leases is
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