Absolute net

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Absolute net

Absolute net

Lease that requires the tenant to pay all costs (including rent) associated with the operation, repair and maintenance of the building.

RELATED TERMS
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Lease
A contract whereby the landlord grants the tenant the right to occupy defined space for a set period at a specific price (i.e., rent).

Tenant
Any person in possession of real property with the permission of the owner.

SIMILAR TERMS
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Absorption rate
The rate at which rentable space is filled.

PREVIOUS AND NEXT TERMS
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Abandonment
The voluntary relinquishment of rights of ownership or another form of interest (an easement) by failure to use the property over an extended period of time.

Abatement
1) A reduction or decrease. 2) The removal of a nuisance.

Above building standard
Upgraded finishes and specialized designs necessary to accommodate a tenant's requirements.

Abr
The Accredited Buyer Representative designation indicates a real estate agent specializing in representing buyers in the real estate transaction.

Absentee landlord
An owner who does not reside in the place in which he owns real estate from which he derives rental income.

Absolute net

Absorption rate
The rate at which rentable space is filled.

Abstract
A summary; an abridgment.

Abstract of judgment
A full summary by the court of a judgment. It becomes a general lien on all of a debtor's property in the county where it is recorded.

Abstract of title
A summary of the public records relating to the title to a particular piece of land.

Abstracter
The person preparing the abstract of title.

This dictionary contains 6433 terms.

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