Question

Delish Dish, a commercial tenant signs a lease that requires them to pay for expenses such...

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

Homework Answers

Answer #1

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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