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Fair Market Rental Value

The amount a landlord/ lessor would expect tenants/ lessees to pay each month against demised premises. In other words, it...

Market Rental Value

The maximum annual rent at which the demised premises (those transferred by lease) will be expected to be entirely transferred/...

Add-On Factor

A loss factor that expresses the percentage of gross rentable/ usable square space (especially commercial real estate) that is added...

Absorption Period

A metric that is used to evaluate the rate of absorption (for both sales and leases of available space) during...

Abeyance

In relation to real estate or mortgage contracts, abeyance is an indefinite legal status of real estate (property) title when...

Full Service Lease

A type of lease structure where the landlord (lessor) covers all of the operating costs related to running the real...

Gross Lease

A type of lease structure where the landlord (lessor) covers all of the operating costs related to running the real...

Full Service Gross Lease

A type of lease structure where the landlord (lessor) covers all of the operating costs related to running the real...

Gross Rental Rate

The rental rate that includes all operating expenses associated with a lease (a gross lease/ full service lease) such as...

Full Service Rental Rate

The rental rate that includes all operating expenses associated with a lease (a full service lease) such as utilities, electricity,...