Question
In: Finance
Which of the following describes a Gross Lease?
Which of the following describes a Gross Lease?
a. A lease in which the tenant pays rent plus defined operating expenses related to the property.
b. An agreement in which the tenant pays a fixed amount of rent and some or all of the utilities while the landlord/property owner is responsible for payment of all taxes, insurance and expenses related to the property.
c. A lease in which the tenant pays the landlord a percentage of the monthly income derived from the property.
d. An agreement allowing the tenant to terminate the lease should certain conditions near the premises become intolerable.
e. An agreement in which the tenant pays a fixed amount plus their share of taxes, insurance and operating expenses.
Solutions
Expert Solution
B.An agreement in which the tenant pays a fixed amount of rent and some or all of the utilities while the landlord/property owner is responsible for payment of all taxes, insurance and expenses related to the property.
Explanation
Gross lease definition it self said
A gross lease is a type of lease where tanant pays Flat rental amount and the landlord paysfor all property charges regularly incurred by the ownership, including taxes, utilities and water.
jeff jeffy answered 2 years agoRelated Solutions
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implicit rate of return. (FV of $1, PV of $1, FVA of $1, PVA of $1,
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1
2
3
4
Lease term (years)
4
7
5
8
Lessor's rate of return
10
%
11...
Each of the three independent situations below describes a finance lease in which annual lease payments...
Each of the three independent situations below describes a
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beginning of each year. The lessee is aware of the lessor's
implicit rate of return. (FV of $1, PV of $1, FVA of $1, PVA of $1,
FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from
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1
2
3
Lease term (years)
11
21
5
Lessor's rate of return (known by lessee)
10%
8%...
Each of the three independent situations below describes a finance lease in which annual lease payments...
Each of the three independent situations below describes a
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end of each year. The lessee is aware of the lessor’s
implicit rate of return. (FV of $1, PV of $1, FVA of $1, PVA of $1,
FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from
the tables provided.)
Situation
1
2
3
Lease term (years)
9
20
4
Lessor's rate of return (known by lessee)
12%
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1
2
3
Lease term (years)
10
20
5
Lessor's rate of return (known by lessee)
11%
9%
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implicit rate of return. (FV of $1, PV of $1, FVA of $1, PVA of $1,
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2
3
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8
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3
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12%
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