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In: Finance

In a triple net lease, the property owner is responsible for all expenses. the tenant is...

  1. In a triple net lease,

    the property owner is responsible for all expenses.

    the tenant is responsible for all expenses.

    the tenant is responsible only for property taxes, insurance and utilities.

    the property owner is responsible only for property taxes, insurance and utilities.   

2. In a gross lease,

the property owner is responsible for all expenses.

the tenant is responsible for all expenses.

the tenant is responsible only for property taxes, insurance and utilities

the property owner is responsible only for property taxes, insurance and utilities.   

3. The total amount of space within a building that could be leased if the property were occupied by a single tenant is referred to as …

potential square footage.

usable square footage.

rentable square footage.

gross square footage.

Solutions

Expert Solution

1. The tenant is responsible for all expenses.

2. The property owner is responsible for all expenses.

3. Gross square footage.

jeff jeffy answered 2 years ago
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