Property Management
A percentage lease is most commonly used in:
AResidential apartment leases
BRetail commercial properties where rent is based on a percentage of sales✓ Correct
CIndustrial warehouse leases
DSingle-family home rentals
Explanation
A percentage lease is common in retail commercial real estate (especially shopping centers) where the tenant pays a base rent plus a percentage of their gross sales above a breakpoint. It aligns landlord and tenant interests.
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