A gross lease is defined as what type of rental agreement?

In a gross lease, the tenant pays a fixed amount of rent, which typically covers the base rent plus the property expenses such as maintenance, property taxes, and insurance. This type of agreement shifts the responsibility for these expenses away from the tenant and onto the property owner. The tenant is only responsible for their rent payment, with no additional costs directly related to the upkeep and expenses associated with the property.

Since the owner absorbs all the additional costs under a gross lease, this arrangement provides simplicity and predictability for the tenant in terms of budgeting. The fixed nature of the rent allows tenants to better manage their finances without worrying about fluctuating expenses associated with property management.

Other options may suggest various forms of expense responsibility that do not align with the gross lease structure, focusing instead on scenarios where tenants bear more financial responsibilities or where the rental payment could fluctuate.