Commercial Real Estate In Michigan -  Jonathan Brateman Properties
Commercial Realestate Properties represented by Jonathan Brateman Properties
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Glossary

REAL ESTATE LEASES

Assignment- the total transfer of the lessee’s rights to another party

Gross Lease- tenant pays a fixed rent and the land lord pays all property expenses

Net Lease- Tenant pays a base rent plus maintenance, property taxes, and insurance

Option- the right at some time in the future to purchase or lease a property at a predetermined price

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Jonathan Brateman

40015 Grand River
Suite 105
Novi, Michigan 48375

(248) 477-5000
FAX: (248) 919-5976

Commercial Realestate Properties represented by Jonathan Brateman Properties

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