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A tenant who pays rent and some or all of the ownership charges has a lease called: Select one:

a. A net lease
b. A gross lease
c. A sale and leaseback
d. A holdover lease

asked
User VXp
by
8.2k points

1 Answer

1 vote

Final answer:

A tenant who pays rent and some or all of the ownership charges has a lease called a net lease.

Step-by-step explanation:

A tenant who pays rent and some or all of the ownership charges has a lease called a net lease. In a net lease, the tenant is responsible for paying a portion or all of the property expenses, such as property taxes, insurance, and maintenance, in addition to the rent. This is different from a gross lease, where the landlord covers all ownership charges. A sale and leaseback refers to the sale of a property by the owner to a buyer and then leasing it back from the buyer. A holdover lease is a lease that continues after its original term has expired, typically on a month-to-month basis.

answered
User Andreas Prang
by
7.5k points
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