What is typical in a residential Gross Lease?

In a residential Gross Lease, it is typical for the landlord to cover all expenses associated with the property. This includes not only the base rent but also costs for maintenance, property taxes, insurance, and utilities. The tenant pays a single, fixed amount of rent each month, without being responsible for any additional costs related to the property's operation. This arrangement provides the tenant with the convenience of predictable housing costs since they do not have to manage or negotiate additional expenses.

Other options, while they describe different leasing structures, do not accurately reflect the nature of a Gross Lease. For instance, sharing expenses or negotiating them would imply a different type of lease, such as a net lease, where the tenant takes on some of the financial responsibilities. Similarly, the notion of a tenant paying a percentage of property profits suggests a commercial lease scenario, which is not applicable in a residential context.