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modified gross lease

A real estate lease that requires the tenant to pay the base rent and requires the landlord to cover all costs relating to property operations.

Related information about modified gross lease:
  1. Modified Gross Lease Definition | Investopedia
    A type of real estate rental agreement where the tenant pays base rent at the inception of the lease but in subsequent years pays the base plus a proportional ...
     
  2. Lease Terminology
    As with a modified gross lease, a modified net lease is also available. There are no set standards as to what costs may be excluded in a modified net lease; the ...
     
  3. What are you really paying for – net, gross, or modified gross leases?
    Jul 17, 2009 ... Modified Gross Lease: On the scale of allocating responsibility for the property, a modified gross lease falls somewhere in between a NNN ...
     
  4. What is Modified Gross on a Commercial Lease?
    Aug 16, 2011 ... Modified Gross Lease, referred to as "MG" is where all (or part) of the ... Typically a modified gross lease will include all the nets in the base rent ...
     
  5. What Is the Difference Between a Triple Net Lease and a Modified ...
    The triple net lease and modified gross lease are two common types of commercial leases. Because these two types of property leases have distinct approaches ...
     
  6. What is quiet enjoyment
    A modified gross lease is a variation of a gross lease in which, typically, a tenant only pays base rent during the first calendar year (even if it is only part of a ...
     
  7. Lease Definitions: Triple Net Lease NNN, Gross Lease, Net Lease
    Also referred to as a single net lease or modified gross lease. NN (Net Net Lease ): Generally a lease in which the tenant pays for utilities, property taxes, and ...
     
  8. What is modified gross lease? definition and meaning
    Definition of modified gross lease: A real estate lease that requires the tenant to pay the base rent and requires the landlord to cover all costs relating to property ...