Which type of lease agreement involves the landlord covering all operating expenses?

A gross lease is characterized by the landlord being responsible for all operating expenses associated with the property, including maintenance, repairs, property taxes, and utility costs. In this type of arrangement, tenants typically pay a single rent amount that covers the use of the space, without the added complexity of managing variable operating costs.

This type of lease provides tenants with predictability in their budgeting, as the total cost is fixed regardless of the actual operating expenses incurred by the landlord. On the other hand, options like a net lease involve tenants taking on some additional costs, and the triple net lease requires tenants to cover all property expenses, making a gross lease distinctly beneficial for those who prefer a simplified rental agreement.