Definitions for "Gross lease"
Keywords:  landlord, lessor, rent, lease, lessee
A lease in which the lessor is responsible for all costs of maintaining the property. Opposite of net lease where the tenant pays these costs.
A lease which provides that all expenses attributable to the real estate are paid by the landlord. Local terminology may require some expense to be paid by the tenant.
A lease of property under which the lessee pays fixed rent and proportionate increases above a base amount established for real estate taxes and operating costs. Typically assessed on a per annum or fiscal basis.
Keywords:  grout, gem, growing, equity, mortgage
Grout Growing Equity Mortgage (gem)