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Big list - Leases

All of the stuff that I probably need to know

TermDefinition
Net lease Tenant pays a set amount of rent, along with some or all of the expenses for operating the building.
Gross lease Tenant pays fixed rent for each period and landlord pays all expenses.
Percentage lease Provides for a minimum fixed rental fee plus a percentage of the tenant's business income.
Variable lease Allows for rent increases as the lease term progresses.
Flat lease Provides for a fixed amount of rent that cannot be changed during the lease term.
Graduated lease A agreement which provides for step-by-step rental increases at regular intervals. Only allows for INCREASES in rents.
Assignment lease Subleasing; or a percentage lease, which provides for a minimum fixed rental fee plus a percentage of the tenant's business income.
Index lease Allows for both increases AND decreases in rent based on the cost-of-living index.
Created by: userjoe