Base Rent The minimum month-to-month rent due under the lease - generally computed on a basis.

Base Year First year of the lease.

Build-Out Refers to the interior construction of a tenant's space whether brand-new construction or the reconfiguration of existing space.

Commission The fee paid to a property broker for his or her services rendered in a property deal.

Common Area Maintenance (CAM) An extra, yearly charge frequently evaluated to occupants for upkeep of the residential or commercial property's "common location". Includes interior products