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Commercial Gross Lease

by: Nolo

Published: January 2008, ed. 5

File type: RTF Download

Everything businesses and landlords need to create their own gross lease.
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eForm (RTF - 21KB)

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Description

With a gross lease for commercial space, the renter pays the landlord a fixed monthly rent. It is then up to the landlord to pay the expenses of operating the building.

In many ways, renting commercial property with a gross lease is similar to renting a house or apartment.

Important to Know

  • Many landlords already have their own leases. However, smaller landlords -- those who own only one or two buildings -- will be more likely to sign this lease form.
  • Consider using a net lease (for an entire building or just part of one) which is often cheaper initially (because you pay the property taxes, insurance and maintenance instead of the landlord), but may become more expensive if operating costs rise. The shorter the lease period, the more inclined you should be to sign a net lease.

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  • StuffIt Expander (http://my.smithmicro.com/mac/stuffit/expander.html) (for Macintosh). Please note: Many recently manufactured Macs have a native capability to decompress zip files. See your computer's user manual for verification of this and instructions for access.

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