What does a triple-net lease require the tenant to pay for?

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A triple-net lease is a type of commercial lease agreement where the tenant is responsible for not just the base rent but also for additional costs associated with the property. This typically includes operating expenses, property taxes, and property insurance.

Under this arrangement, the tenant assumes responsibility for these costs, which can significantly affect the overall expenses of occupying the space. This structure allows landlords to have more predictable income streams, as they transfer various financial responsibilities to the tenant, reducing their own operational risk.

In contrast, the other options focus on limited cost responsibilities. For instance, some leases might ask for rent only, or only cover specific costs like operating expenses or property insurance. However, a triple-net lease comprehensively encompasses all three of these major expense categories, making option C the most accurate reflection of a tenant's obligations in such a lease agreement.

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