No Such Thing As a Standard Commercial Lease
There are many types of lease forms used by the landlord community. Some are relatively short, ranging from 10-30 pages, while others can be up to 80-90 pages. Lease forms are typically described as triple net, modified gross and gross. The interpretation of how the leases are described is not always consistent within the industry and is often confusing for tenants. It important for the tenant to understand the varying lease terminology as discussed between the parties in a transaction and used in the lease itself to avoid any surprises or misunderstandings once the lease is signed. For a full glossary of terminology, visit www.theleasedoctor .com.