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Gross Rent
Real Estate Investing
Definition
The
definition of Gross Rent is:
A rate quoted as gross includes all operating costs heating ventilation and air conditioning (HVAC) property taxes insurance janitorial services and maintenance charges. These can range from $3.00 to $7.00 per square foot depending on the type location and age of the building. With a gross lease the landlord bares the responsibility of variance in expected operating costs.
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