What is typically a characteristic of a net lease?

A net lease is characterized by the tenant being responsible for paying not only the rent but also a portion of the operating expenses associated with the property. This can include costs such as property taxes, insurance, and maintenance fees, which are essential for the operation of the property. By having tenants contribute to these expenses, landlords can ensure that they have a more stable income stream and reduce their own financial burden associated with property management.

This characteristic distinguishes a net lease from other lease types, such as gross leases, where the landlord assumes responsibility for all operating expenses, including utilities and maintenance, without expecting the tenant to pay extra. While fixed rent amounts might be typical in various lease types, they could be present alongside other expenses in net leases, and the presence of a buyout option is not a standard property management feature in net leases. Thus, the tenant's active role in covering specific expenses makes option B the correct representation of net leases.