Gross Lease

Concept of Gross Lease in the context of Real Property

A short definition of Gross Lease: A lease which obligates the lessor to pay all or part of the expenses of the leased property, such as taxes, insurance, maintenance, utilities, etc.

Concept of Gross Lease in the context of Real Property

A short definition of Gross Lease: A lease which obligates the lessor to pay all or part of the expenses of the leased property, such as taxes, insurance, maintenance, utilities, etc.