Which of the following best describes a tenant's obligations in a Gross Lease?

In a Gross Lease, the tenant is primarily responsible for paying a fixed amount of rent, while the landlord takes on the responsibility for most, if not all, additional expenses associated with property management. This arrangement allows the tenant to focus solely on their rental payment without having to worry about fluctuating costs such as property taxes, maintenance, utilities, and insurance, which are typically covered by the landlord.

The advantageous aspect of this lease type for tenants is its simplicity and predictability; they can budget effectively since their financial commitment remains consistent each month. The landlord, on the other hand, assumes the risks associated with varying operational costs.

In contrast, other options describe arrangements that don't align with the structure of a Gross Lease. For instance, in a scenario where tenants manage maintenance and repair costs, or share expenses with landlords, the lease structure would likely be a different type, such as a Net Lease, where expenses are passed on to the tenant. Therefore, the correct answer aligns closely with the definition and purpose of a Gross Lease arrangement.