Index Lease For Free

The rental index of a particular property type is the weighted average of all the sub-indices of that property type in the various groups. Prior to the 4th Quarter of 1998, the rental indices were computed based on weights assigned to the various property types in each locality.

What does a lease do? The lease assigns rights, duties and responsibilities between the owner (or lessor) and the tenant (or lessee). lease.

A nondisturbance clause is a provision in a mortgage contract that ensures that a rental agreement between the tenant and the landlord will continue under any circumstances. This is done primarily to protect the renter from eviction by the mortgagor if the property is foreclosed upon by the lender.

There are three basic types of net leases: single, double, and triple net leases. With a triple net lease, the tenant promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These payments are in addition to the fees for rent and utilities.

Index:An index lease provides for the adjustment of rent according to changes in a price index. The most commonly used indexes are the consumer price index and the wholesale price index.

There are, in general, four types of leases: the gross lease, the modified gross lease (or net lease), the triple net lease, and the bond lease.

When calculating an index lease that in itself is not a percentage such as Prime, the formula is (Current index value Base index value) / Base index value. You'll want to make sure to use this formula as a tenant or a landlord so you know how much rent to pay or collect.