Property Management
Gross leases in commercial property management mean:
AThe tenant pays all property expenses directly
BThe landlord pays most or all operating expenses from the base rent✓ Correct
CThe tenant and landlord split all expenses equally
DThe lease amount increases each year by a fixed percentage
Explanation
In a gross lease, the landlord collects a fixed rent and pays most or all operating expenses (taxes, insurance, maintenance) from that rent.
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