Gross Rent Lease

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Definition of "Gross Rent Lease"

A gross rent lease is a type of Commercial Lease where the tenant pays just a flat base rent without any additional rent for operating or other expenses. The landlord is responsible for paying all other expenses associated with operating and maintaining the property. Operating expenses may include insurance, utilities, maintenance expenses and sometimes taxes.

"Gross Rent Lease" is referred to in the following legal documents:

Commercial Lease

See also:

Percentage Lease

Triple-Net Lease