Final answer:
The type of lease where the lessee pays some or all of the costs of ownership, such as insurance, taxes, and maintenance, is known as a Net Lease.
Step-by-step explanation:
When the lessee pays some or all of the costs of ownership, this is known as a Net Lease. In a Net Lease, the lessee is responsible for paying not just the rent, but also some or all of the property expenses, which may include property taxes, insurance fees, and maintenance costs. There are different types of net leases, including single net (N), double net (NN), and triple net (NNN), which specify the extent of expenses the tenant is responsible for.
Other types of leases include the Percentage Lease, where a tenant pays a base rent plus a percentage of their revenue; the Graduated Lease, which involves periodic rent increases; and the Gross Lease, where the tenant pays a flat rental amount, and the landlord covers all or most of the property expenses. In this case, the correct answer to the question is A. Net Lease.