Property Management
A gross lease is one in which:
AThe tenant pays base rent plus a share of operating expenses
BThe landlord pays all property operating expenses and the tenant pays only a flat rent✓ Correct
CThe tenant pays all operating expenses including taxes and insurance
DThe rent adjusts annually based on the consumer price index
Explanation
In a gross lease, the landlord pays all property operating expenses (taxes, insurance, maintenance) and the tenant pays only a fixed flat rent. This is common in residential leases.
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