Beruflich Dokumente
Kultur Dokumente
Definition
-
The amount of rent may be a percentage of the gross or net profits of the lessees business, or of
his gross sales, with a stipulated minimum rent, and the liability of the lessee to pay more than
the stipulated minimum depends on the terms of the particular agreement. 1
In leases of property for retail purposes, it is common for all or part of the rent to be expressed in
terms of a percentage of sales made on the premises. 2
Percentage leases ordinarily base rent on gross sales or, less frequently, on net sales or net
profits.3
A type of lease where the tenant pays a base rent plus a percentage of any revenue earned while
doing business on the rental premises. It is a term used in commercial real estate. Percentage
lease agreements can often decrease the base rate while simultaneously providing the lessor
with additional upside potential.4