Exam (elaborations)
Humber Real Estate - Course 4, Module 12: Preparing to Lease Office, Retail and Industrial Properties|109 questions and answers
- Course
- Humber Real Estate
- Institution
- Champion School Of Real Estate
What is a Percentage Lease? - The tenant is typically required to pay a fixed minimum monthly rent (i.e. to cover taxes, maintenance and insurance as the bare minimum), plus a percentage of gross monthly income in excess of base sales calculated using the minimum rent - Mainly found in the reta...
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