Property Management
A gross lease requires the tenant to pay:
ABase rent plus a share of operating expenses
BOnly a fixed base rent, with the landlord paying all operating expenses✓ Correct
CAll property expenses including taxes and insurance
DRent based on a percentage of the tenant's gross sales
Explanation
In a gross lease, the tenant pays a fixed rent amount and the landlord is responsible for paying all or most of the property's operating expenses such as taxes, insurance, and maintenance.
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