In the context of a lease, percentage rents generally indicate that A. the tenant will pay a

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In the context of a lease, percentage rents generally indicate that

A. the tenant will pay a proportionate amount of rent for his space in comparison to the total net rentable area.

B. in addition to a base rent, the lessor will receive a percentage of the tenant's cash flow above some break-even point.

C. the tenant will pay a rent that is a certain percentage of the national average

D. None of the choices are correct.

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Dec 10, 2023 08:50 AM

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