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Property Management Licensing Practice Exam · Question

Sarah is a property manager for a retail plaza in Vancouver operating under triple net (NNN) leases. A snowstorm recently caused significant damage to the roof of one of the tenant's units, requiring immediate repairs. Under a standard NNN lease, which party is typically responsible for the cost of repairing the roof?

In a triple net lease, tenants are typically responsible for all operating expenses, including maintenance, repairs, insurance, and property taxes, which often

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Question: Sarah is a property manager for a retail plaza in Vancouver operating under triple net (NNN) leases. A snowstorm recently caused significant damage to the roof of one of the tenant's units, requiring immediate repairs. Under a standard NNN lease, which party is typically responsible for the cost of repairing the roof?

Answer options: ✅ The tenant, as NNN leases pass structural repair costs to the tenant.

  • The landlord, as roof repairs are generally considered capital expenditures covered by the landlord.
  • The tenant, but only if the damage was caused by their negligence.
  • The landlord, but the cost can be recovered through common area maintenance (CAM) charges.

Correct answer: The tenant, as NNN leases pass structural repair costs to the tenant.

Explanation: In a triple net lease, tenants are typically responsible for all operating expenses, including maintenance, repairs, insurance, and property taxes, which often extends to structural components like the roof.

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