Which type of lease is characterized by the tenant paying rent while the landlord covers all property expenses?

A gross lease is characterized by the tenant paying a fixed amount of rent, with the landlord responsible for covering all property expenses, including maintenance, repairs, property taxes, and insurance. This arrangement simplifies budgeting for the tenant, as they know exactly what their rental costs will be without needing to factor in additional expenses.

In contrast, other lease types have different responsibilities regarding costs. For instance, in a net lease, the tenant pays a lower base rent but also takes on some or all of the property expenses, which may vary. A ground lease typically involves leasing land only, while a percentage lease is often used in retail scenarios, where the tenant pays a base rent plus a percentage of their sales. These differences clarify why the gross lease is specifically designed to relieve the tenant from additional financial burdens associated with property ownership.