Florida Real Estate Practice Exam

In a gross lease, who pays for taxes, insurance, and repairs?

1. Tenant

2. Landlord

3. Both tenant and landlord

4. Neither

The correct answer is: Landlord

In a gross lease, the landlord is responsible for paying for taxes, insurance, and repairs. This is because a gross lease is a type of lease in which the tenant pays a flat rental fee and the landlord covers all other expenses related to the property. This means that the tenant does not have to worry about any additional expenses, as they are included in their rent. Options A and C are incorrect because they suggest that the tenant has to pay for these expenses, which is not the case in a gross lease. Option D is incorrect because it suggests that neither party is responsible for these expenses, which again is not the case in a gross lease. Therefore, option B is the correct answer as the landlord is the one responsible for these expenses in a gross lease.