Glossary of Leasing Terms

   

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Glossary of Leasing Terms   

DISCLOSURE:  Some of the definitions of leasing terms in this glossary have been tailored to reflect the common practice in the leasing of smaller-sized commercial properties in Northern California.  These definitions are not intended to be the legal definitions that would typically be used in a legal proceeding.

Links to Leasing Terms Defined in this Glossary:

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Base Rent  Icon for Definitions of Leasing Terms

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BOMA  Icon for Definitions of Lease Terms

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CAM  Icon for Definitions of Leasing Terms

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CAM Charges  Icon for Definitions of Lease Terms

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Certificate Holder  Icon for Definitions of Leasing Terms

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Certificate of Insurance  Icon for Definitions of Lease Terms

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Certificate of Occupancy  Icon for Definitions of Leasing Terms

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Common Area  Icon for Definitions of Lease Terms

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Day Porter Service  Icon for Definitions of Leasing Terms

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Estoppel Certificate  Icon for Definitions of Lease Terms

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For Rent / For Lease  Icon for Definitions of Leasing Terms

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Guarantor  Icon for Definitions of Lease Terms

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HVAC  Icon for Definitions of Leasing Terms

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Market Rent  Icon for Definitions of Lease Terms

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Modified BOMA  Icon for Definitions of Leasing Terms

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Rentable Square Feet (with examples)  Icon for Definitions of Lease Terms

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Right of First Refusal  Icon for Definitions of Leasing Terms

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Tenant Improvement Allowance  Icon for Definitions of Lease Terms

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Tenant Improvements  Icon for Definitions of Leasing Terms

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Tenantable  Icon for Definitions of Lease Terms

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Untenantable  Icon for Definitions of Leasing Terms

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Usable Square Feet  Icon for Definitions of Lease Terms

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Utility Crossover Fee  Icon for Definitions of Lease Terms