Property Management
The term 'gross lease' in commercial property management refers to:
AA lease where the tenant pays a percentage of their gross revenue
BA lease where the landlord pays all operating expenses and the tenant pays only base rent✓ Correct
CA lease with monthly payments based on the consumer price index
DA lease for properties over 100,000 square feet
Explanation
A gross lease (full service lease) requires the tenant to pay a fixed rent and the landlord to pay all operating expenses (taxes, insurance, maintenance, utilities, etc.).
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