A tenant paying for rent plus other ownership factors like taxes is under what type of lease?

The correct answer is a net lease. In a net lease arrangement, the tenant agrees to pay not only rent but also additional ownership costs associated with the property, such as property taxes, insurance, and maintenance. This type of lease is common in commercial real estate, where tenants may be responsible for some of the operating expenses in addition to their base rent.

The key feature of a net lease is the distribution of costs between the landlord and the tenant, with the tenant taking on a larger share of the property's ongoing expenses. This often leads to lower base rent costs, as landlords offset them with the additional charges imposed on tenants.

In contrast, a gross lease generally includes all costs in the rent payment, meaning the landlord is responsible for property expenses. Meanwhile, a percentage lease typically involves tenants paying a base rent plus a percentage of their sales revenue, often seen in retail spaces. Lastly, a triple net lease is a specific type of net lease, where the tenant is responsible for paying all operating expenses—property taxes, insurance, and maintenance—making it different from a general net lease where these costs could be shared or vary based on the lease agreement.