Definitions for "Full Service Lease"
A term used to describe a lease in which the stated rent amount being paid to the Landlord includes all the expenses of the building (electricity, water, gas, janitorial, RE taxes, insurance, etc...). Usually the tenant may have to pay for the overages (see term) that occur as years unfold.
A lease in which the landlord provides some tenant services (i.e., janitorial, snow removal) and in which some operating expenses are passed through to the tenant.
A lease that includes additional services such as maintenance, insurance, and property taxes that are paid for by the lessor. The cost of these services is included in the lease payments.