In a gross lease, the tenant pays a flat rental amount, and the landlord pays for all property charges regularly incurred by the ownership. Most apartment leases are gross leases. The term `gross lease` is distinguished from the term `net lease`. ...
A type of property lease in which the lessor (owner of the property being leased) pays expenses associated with ownership such as damages, taxes, and insurance.
A lease that the landlord pays operating expenses with the tenant paying a flat monthly rent.
Interest earned before taxes are deducted.