In a gross lease, what does the tenant typically pay as part of their rent?

Prepare for the Oklahoma Broker Exam. Dive into flashcards and multiple choice questions with detailed hints and explanations. Ace your exam!

In a gross lease, the tenant pays a single rent amount that generally includes all operating expenses related to the property, except for any additional charges not covered in the lease terms. This means that the landlord is responsible for covering costs such as property taxes, maintenance, and utilities, relieving the tenant from worrying about these separate expenses.

The nature of a gross lease simplifies budgeting for tenants since they know upfront what their obligations are regarding rent without the unpredictability of fluctuating expenses associated with maintenance, taxes, and utilities. This clarity often makes gross leases appealing to tenants who prefer a straightforward rental agreement without the burden of variable costs in addition to their base rent.

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