Property Ownership
Vermont's 'gross lease' for residential rentals means:
AThe tenant pays all utilities and expenses separately
BThe tenant pays a fixed monthly rent and the landlord covers most property expenses✓ Correct
CThe rent increases automatically each year
DThe tenant is responsible for all maintenance
Explanation
In a residential gross lease, the tenant pays a fixed monthly rent and the landlord typically covers property taxes, insurance, and maintenance. This is the most common form of residential lease.
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