Property Management
A gross lease used in commercial property management in West Virginia typically means:
AThe tenant pays only a base rent and the landlord pays most operating expenses✓ Correct
BThe tenant pays base rent plus their proportionate share of all operating expenses
CThe tenant pays rent plus a percentage of their gross sales
DThe tenant bears all property expenses including taxes and insurance
Explanation
Under a gross lease, the tenant pays a fixed rent and the landlord covers operating expenses such as taxes, insurance, and maintenance. This is common in residential and some commercial leases.
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