Which type of lease involves the buyer paying only rent with no additional costs?

The type of lease that involves the buyer paying only rent with no additional costs is known as a gross lease. In a gross lease, the landlord covers all property expenses, such as maintenance, property taxes, and insurance, while the tenant is responsible solely for the rent. This structure provides simplicity for tenants since they don't have to budget for extra costs, allowing them to have more predictable monthly expenses.

In contrast, other lease types involve different financial responsibilities. A net lease typically entails the tenant paying not only rent but also some or all of the property expenses that would be covered by the landlord in a gross lease. A modified gross lease is a hybrid where the tenant pays a base rent and certain expenses, while the landlord covers others, creating a more complex financial arrangement. A land lease generally refers to a long-term lease of land, often for developmental purposes, and may involve other costs depending on the terms agreed upon.