MLchartDataset catalogue

Gross lease

Term · Law · MLC-T-LAW-002364

A type of commercial lease agreement where the tenant pays a fixed, all-inclusive rent, and the landlord is responsible for all property expenses, such as property taxes, insurance, and maintenance. This provides predictable costs for the tenant. It contrasts with a net lease, where the tenant pays some or all of these additional expenses.

Table 1. Record
IdentifierMLC-T-LAW-002364
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002364",
  "term": "Gross lease",
  "field": "Law",
  "definition": "A type of commercial lease agreement where the tenant pays a fixed, all-inclusive rent, and the landlord is responsible for all property expenses, such as property taxes, insurance, and maintenance. This provides predictable costs for the tenant. It contrasts with a net lease, where the tenant pays some or all of these additional expenses.",
  "url": "https://mlchart.com/terminology/law/gross-lease/"
}

Record 2,277 of 5,445 in Law terminology (MLC-0107). Request the full dataset.