A Full Service Gross (FSG) lease requires the property owner to cover all operating expenses, making it easier for tenants to manage costs, as opposed to a net lease where the tenant is responsible for additional expenses.
Gross Amount refers to the total amount before any deductions or subtractions are made. It is often compared to the net amount, which results after all deductions.
A gross lease is a type of lease agreement wherein the landlord is responsible for paying all property expenses, including taxes, insurance, utilities, and repairs. The tenant pays a fixed rental fee.
