In this article, you'll learn:

  • Key commercial real estate terms like effective date and square footage
  • Differences between gross and net leases
  • The significance of CAM charges and rent escalations
  • The importance of renewal options in your lease agreements

Like many industries, commercial real estate has a language that is all its own. Getting to know the industry's jargon can help you to understand what you're being offered and, when it comes time to execute a letter of intent or a lease, what you're signing. Here are eight terms that are particularly important -- and highly nuanced -- in the commercial real estate world.

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