8 min read
What Is a Modified Gross Lease? A Simple Guide for Tenants
8 min readA modified gross lease blends elements of gross and net leases, providing a flexible approach to sharing property expenses. Typically, tenants pay base rent plus a portion of operating expenses, such as utilities, maintenance, and property taxes, while the landlord handles structural repairs and building insurance. This lease type is particularly common in […]Continue reading "What Is a Modified Gross Lease? A Simple Guide for Tenants"