gross lease Definition

gross lease

Definition

A property lease in which the landlord agrees to pay all expenses which are normally associated with ownership, such as utilities, repairs, insurance, and (sometimes) taxes.

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gross lease is ...
... part of the Real Estate subject.

Related Terms

net lease - More

double net lease - More

triple net lease - More

gross lease appears in these other terms

modified gross lease

gross lease appears in the definitions of these other terms on BusinessDictionary.com

net lease