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Real Estate


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Net Rental Rate


A rental rate that excludes (is net of) specific expenses that a tenant could incur in relation to occupancy. In other words, it represents the gross rental rate minus all relevant expenses:

Net rental rate = gross rental rate – expenses

Deductible expenses are those expected to be paid directly by a tenant and may include minor maintenance, electricity, utilities, taxes, insurance, management fees, janitorial costs and other related costs.


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