In a net lease arrangement, what is the responsibility of the landlord?

In a net lease arrangement, the landlord's responsibilities typically include collecting monthly rent, but this option does not fully address the core elements of a net lease. Generally, a net lease shifts certain responsibilities to the tenant, allowing the landlord to maintain a more passive financial role regarding property expenses.

In a standard net lease, the tenant is responsible for covering property-related expenses such as property taxes, insurance, and maintenance costs. This arrangement allows the landlord to benefit from a more predictable income stream, as they are not burdened with the variability of these costs.

The response suggesting that the landlord takes care of all property-related expenses would therefore be inaccurate. In reality, under a typical net lease, the tenant assumes many of these costs, leaving the landlord to primarily focus on their role as an income provider, typically without the extensive involvement in the day-to-day management of property expenses.