Difference Between Gross Lease and Net Lease..!


Gross Lease..!

A type of commercial lease where the landlord pays for the building's property taxes, insurance &  maintenance. 

A gross lease can be modified in a number of ways to best meet the needs of a particular building's tenants (for example, a gross lease may or may not require the tenant to pay utility bills).



               
Investopedia explains Gross Lease..!

The opposite of a gross lease is a net lease. 

Net lease..!


Under a net lease, the tenant is responsible for some of the additional costs associated with the property. There are 3 types of net leases: single net, double net and triple net.

Under a single net lease, the tenant pays rent plus property taxes. 

Under a double net lease, the tenant pays rent plus property taxes and insurance. 
Under a triple net lease, the tenant pays for rent plus property taxes, insurance and maintenance.
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