Property Management
Gross lease means:
AThe tenant pays all operating expenses in addition to base rent
BThe landlord pays all or most property expenses and the tenant pays a fixed rent✓ Correct
CThe rent adjusts with the consumer price index
DThe tenant and landlord split operating expenses equally
Explanation
In a gross lease, the landlord pays operating expenses such as taxes, insurance, and maintenance, and the tenant pays a fixed rent amount.
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