You are interested in buying a property that has Starbucks as the major lessee. The Starbucks lease has a current term of 15 years. The current lease is a net lease, meaning Starbucks only pays the rent, and the landlord pays all taxes associated with the property.

a. True
b. False

Question

17-02-2024
Business

College

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You are interested in buying a property that has Starbucks as the major lessee. The Starbucks lease has a current term of 15 years. The current lease is a net lease, meaning Starbucks only pays the rent, and the landlord pays all taxes associated with the property.

a. True
b. False

Answer :

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TomShelby TomShelby · Answer 1 · 2025-03-10T10:48:14-04:00

TomShelby TomShelby

10-03-2025

Answer:

b. False

Explanation:

This is a commercial real estate lesse. (Starbucks uses the property for commercial use is not a family living their lives in there)

Which means the lesse is net. the tenant pay rent and the taxes, insurance and maintenance of the property.

So Starbuck is paying the rant and the taxes as well. This statement is FALSE.

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You are interested in buying a property that has Starbucks as the major lessee. The Starbucks lease has a current term of 15 years. The current lease is a net lease, meaning Starbucks only pays the rent, and the landlord pays all taxes associated with the property.a. True b. False

Answer :

Other Questions

You are interested in buying a property that has Starbucks as the major lessee. The Starbucks lease has a current term of 15 years. The current lease is a net lease, meaning Starbucks only pays the rent, and the landlord pays all taxes associated with the property.

a. True
b. False