
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 