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Real Estate Glossary

Gross Lease

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Written by Luis Escobar

In this type of property lease, the current tenant will pay a fixed rent either monthly or yearly. It is paid even if the landlord’s costs of operation such as insurance, taxes, and maintenance. The tenant can accept a gross lease with stops, which means the tenant can help supplement the costs should the operating costs rise over a set amount.

In this type of property lease, the current tenant will pay a fixed rent either monthly or yearly. It is paid even if the landlord’s costs of operation such as insurance, taxes, and maintenance. The tenant can accept a gross lease with stops, which means the tenant can help supplement the costs should the operating costs rise over a set amount.

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Luis Escobar

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