Ask Question
24 May, 16:58

In a net lease, the tenant is responsible for paying a clearly defined portion of the property's operating expenses. Based on your understanding of the standard definitions of "netness" in commercial leases, the tenant is responsible for which of the following in a net-net lease?

A) both property taxes and insurance

B) no operating expenses

C) all operating expenses

D) only property taxes

+3
Answers (1)
  1. 24 May, 20:20
    0
    A

    Explanation:

    net-net refers to 2 of the operating expenses in Commerical property. Triple Net refers to all of the taxes, maintenance and insurance or TMI
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a net lease, the tenant is responsible for paying a clearly defined portion of the property's operating expenses. Based on your ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers