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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:
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Base Rent ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
BOMA ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
CAM ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
CAM Charges ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Certificate Holder ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Certificate of Insurance ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Certificate of Occupancy ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Common Area ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Day Porter Service ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Environmental Mitigation Land ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Estoppel Certificate ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
For Rent / For Lease ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Guarantor ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
HVAC ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Market Rent ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Modified BOMA ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Procurement Fee ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Rentable Square Feet (with examples) ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Right of First Refusal ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Tenant Improvement Allowance ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Tenant Improvements ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Tenantable ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Lease Terms Icon for Glossary of Lease Terms](images/leasing_glossary.jpg)
Untenantable ![Icon for Definitions of Leasing Terms Icon for Definitions of Leasing Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Usable Square Feet ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)
![Icon for Glossary of Leasing Terms Icon for Glossary of Leasing Terms](images/leasing_glossary.jpg)
Utility Crossover Fee ![Icon for Definitions of Lease Terms Icon for Definitions of Lease Terms](images/renting_glossary.jpg)