Question: A. Gross leases are most common for which property type? residential retail industrial office B. Office, retail and industrial properties typically utilize a lease structure

A. Gross leases are most common for which property type?

residential

retail

industrial

office

B. Office, retail and industrial properties typically utilize a lease structure that:

allows a tenant to compare rental costs across various properties by looking solely at base rent

is characterized as a triple-net (NNN) lease

requires the landlord to account for operating expenses before determining its bottom line

imposes responsibility for property taxes, insurance and maintenance on the landlord

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