Gross lease
From Infogalactic: the planetary knowledge core
In a gross lease, the tenant pays a flat rental amount, and the landlord pays for all property charges regularly incurred by the ownership. Most apartment leases are gross leases. The term "gross lease" is distinguished from the term "net lease".
References
- Principles and Practices of New Jersey Real Estate 6th Ed by Frank W. Kovats, DREI.
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