1 a tenant and landlord form a lease the agreement states, Ask an Expert

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1. A tenant and landlord form a lease. The agreement states that the tenant is responsible for the property taxes and fire and hazard insurance of the property. What type of lease is this?

A) A single net lease

B) A double net lease

C) A triple net lease

D) A quadruple net lease

2. A tenant is deciding between signing a 5 year lease and a 10 year lease. The risk associated with the tenant having to replace one 5 year lease with another 5 year lease of uncertain terms and conditions is referred to as what?

A) interlease risk

B) release risk

C) switching risk

D) discount risk

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92418681

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