Description should include information about

gross lease—the tenant pays a fixed rental, and the landlord pays all property charges or operating expenses
net lease—the tenant pays all or some of the property charges in addition to the rent
percentage lease—a lease in which the rent is based on a minimum fixed rental fee plus a percentage of the gross income received by the tenant doing business on the leased property.

DPOR correlations: 18VAC135-20-400. 4 (Contracts); 18VAC135-20-400. 8 (Leases)

Process/Skill Questions:

How would you calculate rent for a property of a certain size and value?
What are the requirements of a valid lease?
What actions constitute a breach of lease?
What are the circumstances for which a lease may be discharged?
Why would leasehold estates be preferable to immediate transfer of ownership (freehold estates)?
Under what circumstances would a lease be implied?
Why is it important for a lease to be written?
When is an oral lease valid or enforceable?
When would a lease be based on the CPI (Consumer Price Index)?
Why would a lessee prefer one type of lease over another type?