In which lease arrangement is the tenant responsible for paying rent and property taxes?

The correct answer is a net lease, which includes arrangements where the tenant is responsible for not only paying rent but also covering specific expenses associated with the property, such as property taxes, insurance, and maintenance costs. In a gross lease, the landlord typically covers all these expenses, making it less financially burdensome for the tenant.

In a double net lease, the tenant is responsible for paying rent, property taxes, and insurance, but the landlord remains responsible for maintenance and repairs. A triple net lease extends this further, placing the burden of property taxes, insurance, and maintenance squarely on the tenant.

Therefore, in the context of the question, a net lease is the type of lease arrangement where the tenant takes on the responsibility for rent and property taxes.