In a ________ arrangement, the tenant is responsible for paying only rent and property taxes.

Question

Quizplus · Accepted Answer

In a net lease arrangement, the tenant is responsible for paying rent and property taxes, while the landlord is responsible for paying for other expenses such as maintenance and insurance. In a double net lease, the tenant is responsible for rent, property taxes, and insurance, while the landlord is responsible for maintenance. In a gross lease, the tenant pays a set amount of rent each month and the landlord is responsible for all expenses related to the property. A net, net, net lease is the same as a triple net lease and requires the tenant to pay for rent, property taxes, insurance, and maintenance, making it the most expensive option for tenants.

In a ________ Arrangement, the Tenant Is Responsible for Paying