In a net-net-net lease, which of the following costs is the tenant likely to pay?

In a net-net-net lease, the tenant is typically responsible for additional expenses related to property ownership beyond just the base rent. This structure is sometimes referred to as a triple net lease, often abbreviated as NNN. In this type of lease, "net" refers to the tenant's obligation to pay property taxes, insurance, and maintenance costs associated with the property in addition to the agreed-upon rental payment.

The property taxes are one of the primary costs that the tenant covers in a net-net-net lease, making it a clear reflection of their obligation to contribute to the overall operating expenses of the property. This arrangement allows the landlord to have reduced risk since the tenant takes on these ongoing costs.

The other options represent costs that do not typically fall on the tenant in a net-net-net lease arrangement. For instance, the landlord's financing costs and lease commissions are generally borne by the landlord, while depreciation costs are accounting expenses related to the property that are not directly paid by the tenant in this lease structure. Hence, the correct answer focuses on the typical responsibility of the tenant regarding property taxes.