Exam (elaborations)
DC Property Managers Study Guide with Questions Answered 100% Correct
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What does the term "Triple Net" mean when referring to commercial leases - ANSWER refers to commercial tenant paying ALL Operating Expenses including real estate taxes, insurance, roof maintenance, landscaping, etc. This is the most commonly found in industrial leases. Percentage Lease - ANSWER A lease, that requires tenant to pay rent based on a calculation that relates directly to the tenant's gross sales. Usually stipulates a base monthly rental plus a percentage of any gross sales above a certain amount.
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Institution
DC Property Management
Course
DC Property Management
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Written for
- Institution
- DC Property Management
- Course
- DC Property Management
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- Uploaded on
- May 12, 2024
- Number of pages
- 10
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- dc property managers 2024
- dc property managers
- property managers
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