Owned or Leased, Lease type

Ashley Sadowski

DRAW Architecture + Urban Design

LEEDuser Basic Member

0 thumbs up

July 5, 2013

I am working on a student housing project with a majority of the building being residential units rented out, a fitness center, and some lobby space. I am assuming that the residential units are considered "leased", but what type would they be? Can you clarify the definition of "lease type?" Thank you! Ashley

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David Posada

Integrated Design & LEED Specialist

SERA Architects

LEEDuser Expert

1361 thumbs up

Thu, 07/25/2013 - 18:08

The options in lease type - "gross" and "net" refer to commercial lease language and whether utilities (among other things) are included. For residential projects I don't think it's relevant, but in your case you could choose "gross."