Gross Lease

Business, Legal & Accounting Glossary

Definition: Gross Lease




What is the dictionary definition of Gross Lease?

Dictionary Definition


A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord’s operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a “gross lease with stops,” meaning that the tenant will pitch in if the landlord’s operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the “stop level,” because that’s where the landlord’s share of the costs stops.


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Gross Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/gross-lease/.
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Gross Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/gross-lease/ (accessed: September 28, 2021).
American Psychological Association (APA):
Gross Lease. PayrollHeaven.com. Retrieved September 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/gross-lease/

Definition Sources


Definitions for Gross Lease are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 0 Views.