If You Sign a Triple Net Lease, You Are Agreeing

question 91

Multiple Choice

If you sign a triple net lease, you are agreeing to pay a base monthly rent plus ______.

• A) three times fair market value
• B) an extra amount every three months
• C) real estate taxes, insurance, and operating expenses of the building
• D) nothing else

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Definitions:

Logrolling

The act of trading support, particularly within the political arena, through mutual agreement to vote for each other's proposed bills.

Paradox Of Voting

The situation where individual rational choice leads to a situation where collective rational outcomes are not achieved, often resulting in the non-optimal allocation of resources.

Government Failure

Occurs when government intervention in the economy leads to an inefficient allocation of resources or fails to achieve the intended outcomes.