Multiple Choice
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
Correct Answer:
Verified
Q20: In retail property types, rents are quoted
Q21: The large and generally well-known retailers who
Q22: In contrast to rent for residential units,
Q23: A tenant who expects her business to
Q24: Newer industrial parks have begun to specialize
Q26: The lease is a contract between a
Q27: Assume a retail tenant is paying a
Q28: The majority of residential units in the
Q29: The choice of which method to use
Q30: Retail establishments are found in a variety