Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. Negotiable: Used when the leasing contact does not provide the service type. Both of these are types of Modified Gross Leases, which may vary from tenant to tenant. For example: Plus Electric means the tenant pays rent plus their own electric expense, or Plus Janitorial means the tenant pays the rent plus their own janitorial expense. The Lessor (landlord) will pay the remaining expenses. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. Exact details must be confirmed for each lease. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. Check out what more to see and do in Expedia's ().Double Net: Lessee pays for two of the building expenses the landlord and lessee determine these.įull Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
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