Which scenario best matches the definition of a gross lease?

Prepare for the Azure Tide Realty Exam with targeted flashcards and multiple choice questions. Each answer includes hints and detailed explanations. Equip yourself for success!

A gross lease is a type of rental agreement where the tenant pays a fixed rent and the landlord takes on the responsibility for most property expenses, such as maintenance, property taxes, and insurance. This arrangement provides the tenant with predictable monthly costs, as they do not have to worry about variable expenses associated with the property.

In the correct scenario, the defining feature is the landlord covering the majority of the property's expenses while the tenant pays a fixed amount for rent. This contrasts with other rental structures where expenses might be passed on to the tenant, making the fixed structure of a gross lease advantageous for those seeking stability in their rental payments.

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