What does a net lease typically require from the tenant?

A net lease is characterized by the tenant's responsibility not only for paying rent but also for additional costs associated with the property. This typically includes operating costs, which can encompass property taxes, insurance, and maintenance expenses. By requiring tenants to cover these costs, the landlord reduces their financial obligations and provides a more predictable income stream, making this arrangement advantageous for both parties.

The other options presented do not encompass the full scope of a net lease arrangement. A flat monthly rental fee alone fails to address the tenant's responsibilities for operating costs, which is a significant component of a net lease. Similarly, limiting the obligations to just utility payments or property management fees does not reflect the broader scope of expenses a tenant typically assumes under a net lease. Thus, the correct answer recognizes the comprehensive nature of costs that a tenant is usually required to manage, aligning with standard practices in commercial leasing.