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Gross Lease

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.




Similar Matches

Adjusted Gross Income

Adjusted Gross Income
Gross income of a building it fully rented, less an allowance for estimated vacancies.


Gross Income

Gross Income
The scheduled (total) income, either actual or estimated, derived from a business or property.


Gross Income Multiplier

Gross 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.




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