Final answer:
A lease that calls for a certain amount of rent and the landlord pays all the expenses is known as a gross lease.
Step-by-step explanation:
A lease that calls for a certain amount of rent and the landlord pays all the expenses is known as a gross lease. In this type of lease agreement, the tenant pays a fixed amount of rent, and the landlord is responsible for paying all the property expenses such as property taxes, insurance, and maintenance costs.
For example, let's say you are leasing an office space for your business. The lease agreement states that you will pay $2,000 per month in rent, and the landlord will cover all the expenses like property taxes, insurance, and repairs. This means that as a tenant, you only need to budget for the monthly rent payment, and any additional costs are handled by the landlord.