About This Course
Commercial leases are central to every property manager’s role, shaping the relationship between landlord and tenant and defining how responsibilities and costs are shared. Unlike residential leases, commercial agreements vary significantly based on property type, tenant business operations, and rental structure. Whether you're new to leasing or refining your expertise, understanding these lease formats is essential for effective property management.
You'll explore the main types of rental structures—gross leases, net leases, modified gross leases, and percentage rent—and learn how they affect landlord revenue, risk, and administration. You’ll also understand how different tenant business types, such as retail or office use, influence the lease structure and which terms are most suitable. This knowledge will help you provide informed guidance to landlords and support lease negotiations with clarity and confidence.
By the end of this course, you will:
- Understand the core purpose and structure of commercial leases.
- Recognise how lease types vary across business and property types.
- Compare gross, net, modified, and percentage lease formats.
- Identify who benefits from each rental structure.
- Support landlords in selecting lease terms aligned with their goals.
Topics Covered:
- Commercial Lease
- Tenant Business Types
- Understanding Rental Structures
- The Gross Lease
- The Net Lease
- The Modified Gross Rent or Modified Net Rent Lease
- The Percentage Rent
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
