The definition for 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.
Adjusted Gross IncomeAdjusted Gross Income
Gross income of a building it fully rented, less an allowance for estimated vacancies.
Gross IncomeGross Income
The scheduled (total) income, either actual or estimated, derived from a business or property.
Gross Income MultiplierGross Income Multiplier
A figure which, when multiplied by the annual gross income, will theoretically determine the market value. A general rule of thumb which varies with specific properties and areas.
Click to compare definitions of Gross Lease
Click to view definitions beginning gr