Alabama Real Estate Practice Exam

An Absolute Net Lease requires the tenant to pay for utilities, all repair and maintenance costs, and real estate taxes in addition to the base rent. This is unlike option A, which does not require the tenant to pay for any additional costs. Option B is incorrect because while it requires the tenant to pay a percentage of their gross sales, it does not include utilities or taxes. Option D is also incorrect because it only requires the tenant to pay for utilities in addition to the base rent, omitting repair and maintenance costs and real estate taxes. Therefore, C is the most comprehensive and accurate option for what an Absolute Net Lease requires the tenant to pay.