Property Management
A gross lease is one in which the tenant pays:
ABase rent plus a share of operating expenses
BA flat rent and the landlord covers most operating expenses✓ Correct
CRent based on a percentage of the tenant's gross sales
DRent plus all property taxes, insurance, and maintenance
Explanation
In a gross lease, the tenant pays a single flat rent and the landlord is responsible for operating expenses such as taxes, insurance, and maintenance. It is common in residential leasing.
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