Gross Lease

Gross Lease
A type of commercial lease where the landlord pays for the building's property taxes, insurance and maintenance. A gross lease can be modified in a number of ways to best meet the needs of a particular building's tenants (for example, a gross lease may or may not require the tenant to pay utility bills).

The opposite of a gross lease is a net lease. Under a net lease, the tenant is responsible for some of the additional costs associated with the property. There are three types of net leases: single net, double net and triple net. Under a single net lease, the tenant pays rent plus property taxes. Under a double net lease, the tenant pays rent plus property taxes and insurance. Under a triple net lease, the tenant pays for rent plus property taxes, insurance and maintenance.


Investment dictionary. . 2012.

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Look at other dictionaries:

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  • gross investment in the lease — bendroji investicijos į nuomojamą turtą vertė statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Pagal nuomos sutartį apskaičiuotų pagrindinių nuomos įmokų ir negarantuojamosios likvidacinės vertės suma.… …   Lithuanian dictionary (lietuvių žodynas)

  • Gross withdrawals —   Full well stream volume from both oil and gas wells, including all natural gas plant liquids and nonhydrocarbon gases after oil, lease condensate, and water have been removed. Also includes production delivered as royalty payments and… …   Energy terms

  • Gross input to atmospheric crude oil distillation units —   Total input to atmospheric crude oil distillation units. Includes all crude oil, lease condensate, natural gas plant liquids, unfinished oils, liquefied refinery gases, slop oils, and other liquid hydrocarbons produced from tar sands, gilsonite …   Energy terms

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