WHAT IS MODIFIED GROSS

In Leasing Property - Asked by Hernan G. - Apr 6, 2016
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Gustavo M.
Washington, DC

A modified gross lease is a type of real estate rental agreement where the tenant pays base rent at the lease's inception but in subsequent years pays the base plus a proportional share of some of the other costs associated with the property, such as property taxes, utilities, insurance and maintenance.

Apr 7, 2016
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