Property Management
In West Virginia, which of the following lease types is most common for residential rental properties?
AGround lease
BNet lease
CGross lease (fixed rent lease)✓ Correct
DPercentage lease
Explanation
A gross lease (where the tenant pays a fixed rent and the landlord is responsible for most or all operating expenses) is the most common type for residential rentals. Commercial properties more commonly use net leases where tenants pay some expenses.
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