What lease allows rent payments to escalate gradually at specific intervals?

A graduated rental lease is specifically designed to allow for rent payments to increase gradually at predetermined intervals throughout the lease term. This type of lease is beneficial for both landlords and tenants. For tenants, it provides a predictable and manageable increase in rent rather than a sudden, significant jump at the end of the lease. For landlords, it ensures that the rent keeps pace with inflation and market conditions over time.

In contrast, a gross lease typically means that the landlord covers all property expenses, and the rent remains constant throughout the lease term. A net lease might involve the tenant paying certain property expenses in addition to rent but does not traditionally include the gradual increase feature. A flat lease sets a fixed rent amount for the term of the lease, with no increases, making it distinctly different from a graduated rental lease.

Overall, the graduated rental lease is unique in its structured approach to rent increases, allowing parties to plan financially with a clear understanding of how payments will escalate.