Property Management
A gross lease in commercial real estate means:
AThe tenant pays all operating expenses
BThe landlord pays all operating expenses from the fixed rent payment✓ Correct
CThe rent increases each year by a fixed percentage
DThe tenant pays rent plus a share of utilities only
Explanation
In a gross lease, the landlord receives a single gross rent payment and is responsible for paying all operating expenses (taxes, insurance, maintenance) from that rent. The tenant's rent is all-inclusive.
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