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What types of business leases exist?

April 26, 2017Business exist leases types

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What types of business leases exist?

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Generally, commercial leases are described as being either net or gross. A fully net lease requires the tenant to pay a basic rent plus all costs that are not personal to the landlord in relation to the maintenance and management of the building, including real estate taxes, insurance, maintenance and upkeep of the building and common areas. A gross lease requires that the tenant pay a fixed amount.