Delish Dish, a commercial tenant signs a lease that requires them to pay for expenses such as the property taxes, insurance and maintaining the property in addition to the rent. This lease can best be described as:
A.a reappraisel lease
B.a triple net lease
C.gross lease
D.a net lease
Correct option is B.a triple net lease
Delish Dish, a commercial tenant signs a lease that requires them to pay for expenses such as the property taxes, insurance and maintaining the property in addition to the rent. This lease can best be described as a triple net lease
a triple net lease tenant signs a lease that requires them to pay for expenses such as the property taxes, insurance and maintaining the property in addition to the rent.
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