Property Management
A 'gross lease' is one in which:
AThe tenant pays a base rent plus all operating expenses
BThe landlord pays all property operating expenses out of the rent received✓ Correct
CThe tenant pays rent plus property taxes only
DBoth landlord and tenant split operating expenses equally
Explanation
In a gross lease, the tenant pays a fixed rent and the landlord is responsible for all operating expenses (taxes, insurance, maintenance). This is common in residential rentals and some commercial leases. In contrast, a net lease requires the tenant to pay some or all expenses directly.
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