Conveyance
The legal process of transferring property ownership from seller to buyer.
by Sukhumalin July 11, 2025
Tenancy Agreement
A contract outlining terms and conditions under which a tenant occupies a property.
by Sukhumalin July 11, 2025
Gross Lease
A lease where the landlord pays property expenses such as taxes, insurance, and maintenance.
by Sukhumalin July 11, 2025
Net Lease
A lease where the tenant pays base rent plus some or all property expenses.
by Sukhumalin July 11, 2025
Triple Net Lease (NNN)
A lease where the tenant pays base rent plus property taxes, insurance, and maintenance costs.
by Sukhumalin July 11, 2025
Holdover Tenant
A tenant who remains in the property after the lease term has expired without the landlord’s consent.
by Sukhumalin July 11, 2025
Eviction
The legal process of removing a tenant from a property for breach of lease or non-payment.
by Sukhumalin July 11, 2025
Lease Option
A lease agreement giving the tenant the right, but not the obligation, to purchase the property during or at the end of the lease term.
by Sukhumalin July 11, 2025
Ground Lease
A long-term lease of land where the tenant can build or use the land but the landlord retains ownership.
by Sukhumalin July 11, 2025
Rent Roll
A detailed report listing current tenants, lease terms, and rental income for a property.
by Sukhumalin July 11, 2025
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