In a Gross Lease, who pays for property expenses?

In a Gross Lease, the tenant is responsible for paying a set amount of rent, while the landlord assumes the responsibility for all operating expenses associated with the property. This structure means that costs such as property taxes, insurance, and maintenance are covered by the landlord. As a result, the tenant benefits from a predictable rental payment, without the burden of additional expenses that can fluctuate over time. This arrangement is beneficial for tenants who prefer a straightforward lease without worrying about varying operating costs.

In contrast, other lease types distribute expenses differently. In some arrangements, tenants might be responsible for all or part of the operating expenses, which can lead to varying costs based on property usage and fluctuating expenses. Thus, the Gross Lease offers simplicity and predictability for tenants, making it the correct answer.