Lease Types — Who Pays What

National · Leasing & Property Management — free cheat sheet for the real estate licensing exam.

🔑 Leasing & Property Management

📋 The 1-minute cheat sheet

Gross lease: tenant pays RENT only; landlord pays expenses (typical apartment)
Net lease: tenant also pays some/all expenses — N, NN, NNN (taxes, insurance, maintenance)
Percentage lease: base rent + % of gross sales (retail anchor tenants)
Ground lease: land only, long-term; tenant builds — usually net
Graduated lease: rent steps up on a schedule; index lease: tied to CPI

Is Lease Types — Who Pays What on the real estate exam?

Yes. Leasing & Property Management is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.