What is Gross vs Modified Gross Lease?
Definition
Lease structures that include some or all operating costs in base rent. Full-service gross includes everything; modified gross typically passes through tenant utilities and janitorial. Easier total occupancy cost calculation than NNN.
Frequently asked questions
What is Gross vs Modified Gross Lease?
Lease structures that include some or all operating costs in base rent. Full-service gross includes everything; modified gross typically passes through tenant utilities and janitorial. Easier total occupancy cost calculation than NNN.
Why does gross vs modified gross lease matter in a contract?
Risk level: Low for budgeting; verify what is and is not included. Inkvex flags gross vs modified gross lease clauses during analysis, explains the risk in plain English, and suggests negotiation language to protect your interests.
How does Inkvex analyze gross vs modified gross lease clauses?
Inkvex scans your contract for gross vs modified gross lease-related clauses, flags risks in plain English, quotes the exact language from your document, and cites jurisdiction-specific laws that may affect enforceability. Upload any contract at inkvex.app for a free analysis.
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