Daelim Industrial Co., Ltd. is a Korean Engineering and Construction company. In 1966, Daelim became Korea's first company to work on an overseas construction project by entering the Vietnamese market.
Gross Lease. A lease in which the tenant pays a flat sum for rent out of which the landlord must pay all expenses such as taxes, insurance, maintenance, utilities, etc. Under this lease structure, all the tenant is responsible paying for is their stated rental rate, all other expenses are borne by the landlord. Full Service Lease. A lease which the tenant pays an all-inclusive rental rate which includes operating expenses and real estate taxes for the first year or Base Year.
With a lease option, there are only a couple of required elements, and everything else is negotiable between the individual tenant/buyer and landlord/seller. The way it works is that the tenant leases the home from the landlord. The lease agreement sets up a certain rental rate, and a certain lease term. The agreement also expressly gives the tenant the right, or option, to purchase the property on or after a certain date, at a certain price.