Which lease arrangement is a straight lease with precise dollar rental increases specified in future time periods?
A)graduated lease
B)lease with maintenance-increase-recoupment
C)net lease
D)percentage lease

Question

Quizplus · Accepted Answer

A graduated lease is a lease arrangement where rent increases are specified in precise dollar amounts at future time periods. This allows tenants to project future rent obligations and plan accordingly. In contrast, a net lease passes on additional expenses, such as property taxes and maintenance costs, to the tenant, while a percentage lease is based on a percentage of the tenant's revenue. A lease with maintenance-increase-recoupment includes provisions for the landlord to pass on costs for major maintenance and repairs to the tenant.

Which Lease Arrangement Is a Straight Lease with Precise Dollar