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:
Base Rent 
BOMA 
CAM 
CAM Charges 
Certificate Holder 
Certificate of Insurance 
Certificate of Occupancy 
Common Area 
Day Porter Service 
Environmental Mitigation Land 
Estoppel Certificate 
For Rent / For Lease 
Guarantor 
HVAC 
Market Rent 
Modified BOMA 
Procurement Fee 
Rentable Square Feet (with examples) 
Right of First Refusal 
Tenant Improvement Allowance 
Tenant Improvements 
Tenantable 
Untenantable 
Usable Square Feet 
Utility Crossover Fee 
