What is generally meant by a reference to a triple net industrial lease?
A) That the tenant pays all taxes, insurance, and operating maintenance expenses.
B) That the lessor pays all taxes, insurance, and operating maintenance expenses.
C) That the tenant pays insurance and operating maintenance expenses, but that the lessor pays taxes.
D) That the lessor pays insurance and operating maintenance expenses, but that the tenant pays taxes.

Question

Quizplus · Accepted Answer

A triple net industrial lease typically means that the tenant is responsible for paying all taxes, insurance, and operating maintenance expenses associated with the property.

What Is Generally Meant by a Reference to a Triple