Property Management
In South Carolina, a 'gross lease' means the tenant pays:
AA base rent plus their proportionate share of operating expenses
BA single fixed amount, with the landlord responsible for most or all operating expenses✓ Correct
COnly utility costs with no base rent
DA percentage of their business gross receipts
Explanation
In a gross lease, the tenant pays a single fixed amount (rent) and the landlord covers operating expenses like property taxes, insurance, and maintenance. This is common in residential leasing and some commercial arrangements.
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