What is generally meant by a reference to a triple net industrial lease?
A) The tenant pays all taxes,insurance,and operating maintenance expenses.
B) The lessor pays all taxes,insurance,and operating maintenance expenses.
C) The tenant pays insurance and operating maintenance expenses,but the lessor pays taxes.
D) The lessor pays insurance and operating maintenance expenses,but 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. This type of lease is commonly used in commercial real estate, particularly for industrial and warehouse properties.

What Is Generally Meant by a Reference to a Triple