A lease commonly used for commercial property that provides for a rental based on the tenant's gross sales at the premises. It generally stipulates a base monthly rental, plus a percentage of any gross sales exceeding a certain amount.
A lease in which the landlord is fully or partially compensated for rent by a percentage of the tenant's sales.
a lease agreement in which the amount of rent due equals a percentage of other than that income or the gross income which is derived from services or sales.It is frequent in such a lease that minimum and maximum rents are guaranteed, no matter how profitable or unprofitable in product, sale, or service turns out to be.
Leasing contract linked to a store's turnover, i.e. where rental rate is determined as a percent of sales
A lease of property (retail) in which the rental is based on a percentage of the volume of sales made upon the leased premises. There is usually a minimum rent (base rent) and the percentage is in addition to the base rent.
A lease, generally on a retail business property, in which the rent is calculated as a percentage of sales. There is usually a minimum or "base" rent in the event of poor sales.
a lease where rent payments are related to the leaseholder's retail sales or profits
A lease commonly used for commercial property in which the lessor collects a percentage of the tenantâ€(tm)s business income in addition to, or instead of a stated base rent.
A lease in which the rent is based on the gross sales volume made on the leased property. It is typically used by shopping centers leasing to large chain stores and calls for a "minimum rent payment".
commonly used for large retail stores. Rent payments include a minimum or "base rent" plus a percentage of the gross sales "overage." Percentages generally vary from 1% to 6% of the gross sales depending on the type of store and sales volume.
Lease under which the tenant pays a fixed minimum monthly rent plus a percentage of his or her gross monthly income in excess of that minimum. Used primarily in retail leases.
Lease, usually of commercial property in which rental is determined by the amount of business done by the lessee. Customarily this is a percentage of gross receipts from the business with provision for a minimum rental.
Refers to a provision of the lease calling for the landlord to be paid a percentage of the tenant's gross sales as a component of rent. There is usually a base rent amount to which "percentage" rent is then added. This type of clause is most often found in retail leases.
A rental agreement in which the tenant's monthly payment is a percentage of the gross sales of the tenant's business (although a minimum payment is usually set out in the agreement).
A lease, commonly used for commercial property, whose rental is based on the tenant's gross sales at the premises; it usually stipulates a base monthly rental plus a percentage of any gross sales above a certain amount. ( See lease )
A lease in which the rental on a property is determined as a percentage of gross receipts from the business. Although a straight percentage lease is occasionally encountered, most percentage leases contain a provision for a minimum rent amount.
also called a retail lease or shopping center lease; rental includes minimum base rent and a percentage of sales (gross sales, profit, etc.) is charged to the tenant along with CAM charges
A lease of property in which the rental is based upon the volume of sales made by the lessee on the leased property.
A lease of property in which the rental is based on a percentage of the tenant's sales made upon the lease premises.
A lease on property, the rental for which is determined by the amount of business done by the tenant, usually a percentage of gross receipts from the business, with provision for a minimum rental. Back to the Top
Lease in which all or part of the rental is a specified percentage of gross income from total sales made upon the premises.
A lease in which some or all of the lease payments are determined as a percentage of a specified economic activity (i.e. a percentage of gross sales).
A lease of property in which the rental is based on a percentage of the volume of sales made upon the leased premises. It usually stipulates a minimum rental and is regularly used for retailers who are tenants.
A lease of property in which the rent is based upon the percentage of the sales volume made on the specific premises. There is usually a clause for a minimum rent as well.
A lease whose rental is based on a percentage of the monthly or annual gross sales made on the premises.
A lease whereby rental is a percentage of gross or net income from sales or services. Such a lease often guarantees a minimum or maximum rent, regardless of business volume.
The tenant (lessee) is paying the monthly rent based on a percentage of the total gross receipts of the tenant's business.