Property Management
A gross lease in South Dakota means the landlord:
ACollects rent plus all property operating expenses from the tenant
BPays most or all of the property's operating expenses, while tenant pays a fixed rent✓ Correct
CCharges rent as a percentage of the property's value
DPasses through utility costs only to the tenant
Explanation
In a gross lease, the tenant pays a single fixed rent and the landlord covers operating expenses (taxes, insurance, maintenance). It is simpler for tenants but exposes the landlord to cost increases.
Related South Dakota Property Management Questions
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