The Law Dictionary

GROSS LEASE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A commercial lease where the tenant pays a fixed amount of rent each period irrespective of the landlord's operating costs (operates similar to most residential leases.) In most cases, landlords will charge tenants with certain increases such as those for increased maintenance, etc. … [Read more...]

GROUND FOR DIVORCE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A recognized legal cause or reason to be able to file for divorce. Grounds will vary based upon the jurisidiction. … [Read more...]

GROSS MARGIN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A calculation that provides the percentage of gross profit and equals (sales revenue) less (cost of sales) divided by (sales revenue) … [Read more...]

GROUND RENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

estates. In Pennsylvania, this term is used to signify a perpetual rent issuing out of some real estate. This rent is redeemable where there is a covenant in the deed that, before the expiration of a period therein named, it may be redeemed by the payment of a certain sum of money; or it is irredeemable, when there is no such agreement; and, in the latter case, it cannot be … [Read more...]

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