Which type of lease is referred to as "carefree to the landlord"?

A triple net lease is often referred to as "carefree to the landlord" because, under this type of lease agreement, the tenant is responsible for all operating expenses associated with the property. These expenses typically include property taxes, insurance, and maintenance costs in addition to the rent. This means that the landlord does not have to worry about these ongoing costs, as they are passed on to the tenant.

In essence, the landlord receives a predetermined rental income without the burdens of managing the property's operational expenses. This structure appeals to landlords looking for a more hands-off investment, as they can rely on the tenant to manage those costs while still maintaining overall ownership of the property.

In contrast, other types of leases such as the single net lease and gross lease shift some level of responsibility back to the landlord. A single net lease typically has the tenant covering property taxes only, leaving other costs like maintenance and insurance to the landlord. A gross lease, on the other hand, includes most, if not all, operating expenses within the rent amount, thus placing the burden of expense management on the landlord. A percentage lease, often used in retail, involves the tenant paying a base rent plus a percentage of sales, which introduces another layer of complexity in terms of how income