Dyana Branchen 
A sandwich lease is a lease agreement where a real estate investor leases the property from an owner and then leases the same property to someone else. Sandwich leases are standard in real estate investing, so students must grasp this …
A modified gross lease is an agreement between a landlord and tenant where the tenant pays for rent and a portion of operating expenses. Because modified lease agreements are common in commercial real estate, this is an important topic for …
A net lease is a contractual agreement where the lessee pays the rent in addition to property costs that the owner would usually pay. Real estate students should learn the details of how net lease agreements work before taking the …
A gross lease is a rental agreement where the tenant pays a single flat fee that covers rent and operating costs. Knowing how gross leases work in real estate is essential to passing the licensure exam. To ensure your success …
Closing costs include the fees required for purchasing a home. In contrast, a down payment is the initial amount the borrower must pay to purchase a home. Closing costs are not the same as a down payment. In real estate transactions, …
A lessor is a property owner who rents their property to a tenant, while a lessee is a tenant who pays to rent the property. Each party must sign a contract outlining the terms of their lease agreement. Real estate …