Gross Lease 2019-03-20 08:00:00

Gross Lease

A gross lease is a lease in which the tenant pays a flat sum for rent out of which the landlord must pay all expenses such as taxes, insurance, maintenance, utilities, etc. Under a gross lease, a tenant’s base rent will represent their total financial obligations for leasing that space.  Apartment leases are often gross leases with a tenant paying base rent only and no obligation to pay their share of property-level expenses. Also known as a full service lease.

 


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