Property Management
What is a gross lease?
AA lease where the tenant pays all operating expenses
BA lease where the landlord pays all operating expenses and the tenant pays a fixed rent✓ Correct
CA lease where rent is based on the tenant's gross sales
DA lease with automatic rent escalation
Explanation
In a gross lease (full-service lease), the landlord pays all property operating expenses (taxes, insurance, maintenance) and the tenant pays a flat, all-inclusive rent.
Related New Mexico Property Management Questions
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