Property Management
What is a 'gross lease' in commercial property management?
AA lease where the tenant pays base rent plus all operating expenses
BA lease where the landlord pays most or all operating expenses from the gross rent received✓ Correct
CA lease with a percentage of gross sales as additional rent
DA lease where utilities are metered separately for each tenant
Explanation
In a gross lease, the landlord pays most or all operating expenses (taxes, insurance, maintenance) out of the rent received. The tenant pays a fixed gross rent without additional operating expense obligations.
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