Property Management Licensing Practice Exam · Question
A commercial tenant in a triple-net lease property in Edmonton reports a leaking faucet in their demised premises. Under the terms of a standard triple-net lease, what is the property manager's typical responsibility regarding this repair?
In a triple-net lease, tenants are typically responsible for all operating expenses, including maintenance and repairs within their demised premises. The proper
Start free practice for Property Management Licensing Practice Exam
259 questions · no signup required · 40 free questions per day
Question: A commercial tenant in a triple-net lease property in Edmonton reports a leaking faucet in their demised premises. Under the terms of a standard triple-net lease, what is the property manager's typical responsibility regarding this repair?
Answer options: ✅ To primarily facilitate the repair by arranging a plumber and billing the tenant for the cost, as internal plumbing in a demised space is usually the tenant's responsibility.
- To immediately send a building maintenance person to fix it at the landlord's expense.
- To ignore the request, as the tenant is solely responsible for all repairs in a triple-net lease.
- To advise the tenant to deduct the cost of the repair from their next month's rent.
Correct answer: To primarily facilitate the repair by arranging a plumber and billing the tenant for the cost, as internal plumbing in a demised space is usually the tenant's responsibility.
Explanation: In a triple-net lease, tenants are typically responsible for all operating expenses, including maintenance and repairs within their demised premises. The property manager's role would be to ensure the repair is handled appropriately, often by coordinating the contractor, but the cost is borne by the tenant.
Start free practice for Property Management Licensing Practice Exam
259 questions · no signup required · 40 free questions per day
More about Property Management Licensing Practice Exam
Related Questions
More for Property Management Licensing Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Property Management Licensing Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.