75 Hour Broker Pre Licensing Practice Test 2025 - Free Broker License Practice Questions and Study Guide

Question: 1 / 820

In a net lease, which of the following is typically NOT the responsibility of the tenant?

Property taxes

Insurance

Rent payments

In a net lease, the tenant typically assumes various costs associated with the property beyond just paying rent, which generally includes property taxes, insurance, and utilities. The inclusion of these costs means that the tenant is responsible for the ongoing operational expenses of the property. However, rent payments are fundamentally the primary obligation of the tenant and are distinct from the additional expenses typically assumed under a net lease agreement.

In this context, while tenants are responsible for property taxes, insurance, and utilities, they still must pay the agreed-upon rent amount to the landlord. This differentiation highlights that while tenants take on several financial responsibilities, the obligation to pay rent itself remains the primary responsibility that is not categorized under the tenant's obligations in the same operational sense as the other costs mentioned.

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