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Commercial Leases Quiz

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Lease types and costs quiz

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Commercial Leases Quiz
 

Commercial Leases QuizOnline version

Lease types and costs quiz

by HEATHER
1

A gross lease typically means the tenant pays:

2

A modified gross lease typically means:

3

A net lease usually requires the tenant to pay:

4

Triple net lease commonly includes tenant payment of:

5

Why do many landlords prefer net leases?

6

Why should tenants review NNN charges carefully?

7

Percentage leases are most common in:

8

Percentage lease rent is usually based on:

9

Natural break-even point refers to:

10

Office leases are commonly structured as:

Feedback

Gross leases usually have landlord-covered operating costs.

Expenses are split per the lease terms.

Net leases shift some operating costs to tenants.

Taxes, insurance, and CAM/maintenance pass to tenant.

Net leases help cap landlord cost increases.

Base rent plus pass-throughs determine true cost.

Base rent plus a share of tenant sales is typical in retail.

Rent ties to sales beyond a breakpoint.

It's the sales level triggering percentage rent.

Office spaces often use gross or modified gross structures.

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