1. Net Lease - A lease where the Tenant pays the basic rent, plus all other costs, including operating expenses
2. Gross Lease - A lease where the Tenant pays one amount and the Landlord is responsible for all other expenses
3. Hybrids - Net or gross leases. A lease which provides for variations from either a net or gross lease.

• Parties to the lease (Landlord and Tenant).
• Date of lease agreement.
• Term of lease.
• Start date of lease.
• Description of leased premises.
• Use of property.
• Tenant fit up and who pays, Landlord or Tenant.
• Any rental incentives or free rental period for Tenant.
• Lease renewal option for Tenant.
• Parking facilities and cost for Tenant.
• Insurance requirements for Tenant.
• Conditions for entry to the premises.
• Any rights of first refusal for a sale.

Gross Area - Entire floor area.

Rentable Area - The area is computed by measuring to the inside finish of permanent outer building walls or to the glass line.

Useable Area - Actual area, or square footage to be used by the Tenant to house people, equipment and furniture. It is measured from the inside finish of the permanent outer walls to the office side of corridors.

The market is constantly changing and decisions are made based on the information gathered from it.

Leasing information includes:

1. Availability of space.
2. Price for available space.
3. Changes properties are going through.
4. Vacancy rates.
5. Trends in the market.
6. What historical data is available.
7. What is being developed in the market.
8. What significant events are going on in the market place.
9. Information about Properties
10. Building size.
11. Building location.
12. Services buildings provide.
13. Uses and potential uses.
14. Zoning.
15. Vacancy.
16. Financial details.
17. Neighbourhood data.
18. Features of the property.
19. How the property compares with other similar properties in the neighbourhood.