Flat Lease

Definition of "Flat lease"

Diane  Mundine
  Keller Williams Realty Atlanta Partners

Lease agreement having level payments during the contractual period. It does not have an escalation clause to allow for increased costs due to increases in inflation, taxes, or other related costs. For a landlord, the flat lease is not suitable for an extended period of time since it does not provide for increases in payments.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ