Which of the following is NOT a responsibility of a landlord in a triple net lease?

Study for the Texas Senior Property Tax Consultant Exam. Utilize flashcards and multiple choice questions, each with hints and explanations, to prepare for your test effectively. Maximize your chances of success!

In a triple net lease, the tenant assumes a significant portion of the operating expenses associated with the property. This typically includes responsibilities for property maintenance, property taxes, and certain structural repairs.

The correct choice in this case is that paying utilities is not a responsibility of the landlord in a triple net lease. This expense is usually the responsibility of the tenant, as they are expected to cover costs directly associated with their occupancy and use of the space, which typically includes utilities such as water, electricity, and gas.

Landlords in triple net leases maintain the responsibility for the structural integrity of the building and compliance with local building codes, but utilities are treated differently as they fluctuate with tenant usage rather than the property itself. This understanding of responsibilities is crucial for both landlords and tenants to set clear expectations within this type of lease agreement.

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