In a triple net lease, what does the tenant typically pay?

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In a triple net lease, the tenant is responsible for paying not only the base rent but also additional expenses associated with the property. These additional costs typically include property taxes, insurance premiums, and maintenance fees. This arrangement shifts much of the financial responsibility from the landlord to the tenant, which can make triple net leases attractive to property owners seeking a hands-off approach to property management.

This structure allows landlords to receive regular income primarily from the base rent while transferring the fluctuating costs associated with ownership and maintenance to the tenant. It is essential for tenants to fully understand these obligations before entering into such a lease, as their total financial responsibility can exceed just the rental payments.

The other options do not accurately reflect the comprehensive nature of a triple net lease arrangement. Tenants are not just paying for rent; they are also assuming costs that contribute to the overall upkeep and operation of the property. Therefore, the answer that identifies the range of costs that tenants typically cover in a triple net lease is indeed correct.

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