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Real Estate Glossary

What is Fully-Serviced Lease?

Fully-Serviced Lease, on the other hand, refers to a commercial or industrial lease where the landlord is responsible for providing all the services and infrastructure required for the tenant to operate their business. This type of lease includes services such as utilities, janitorial services, and even security. Fully serviced leases can be beneficial for tenants who want a turn-key solution and not have to worry about the upkeep of the property.