A gross lease is a type of commercial lease where the tenant pays a flat rental amount, and the landlord pays for all operating expenses regularly incurred by the ownership, including taxes, electricity and water.[1] Most[weasel words] apartment leases resemble gross leases.[2] The term "gross lease" is distinguished from the term "net lease."
- ^ Helewitz, Jeffrey A. (2015). Basic Real Estate and Property Law for Paralegals (5th ed.). New York: Wolters Kluwer. p. 203. ISBN 978-1-4548-5122-6.
- ^ H. Kent Baker; Peter Chinloy (7 August 2014). Private Real Estate Markets and Investments. Oxford University Press. p. 97. ISBN 978-0-19-938877-6.