In a Gross Lease, who is responsible for paying all property expenses?

In a Gross Lease, the landlord is responsible for paying all property expenses associated with the maintenance and operation of the property. This includes costs such as property taxes, insurance, and maintenance. The tenant pays a fixed rent amount, and all other expenses are covered by the landlord.

This arrangement simplifies budgeting for tenants since they know their rental payments will not change due to fluctuations in operating costs. It also places the financial responsibility for those operating costs on the landlord, which aligns with the nature of a Gross Lease structure, distinguishing it from other lease types where tenants may bear more direct costs related to the property.