Rental lease

(redirected from Full-Service Leases)

Rental lease

Rental Lease

A lease whereby the lessee pays a certain amount of rent in exchange for use of a property; in exchange, the lessor agrees to provide maintenance and insurance for the property. It is also called a full-service lease.
References in periodicals archive ?
Whether a landlord builds the energy costs into rental rates through full-service leases or uses technology to allocate exact energy costs to specific tenants through triple net leases, the leases should include provisions identifying the landlords plans for energy procurement.