Property Management
A percentage lease, common in Florida retail properties, requires the tenant to pay:
AA flat rent regardless of business performance
BA base rent plus a percentage of gross sales above a stated breakpoint✓ Correct
COnly a percentage of net profits
DRent only when the business is profitable
Explanation
A percentage lease requires the tenant to pay a minimum base rent plus a percentage of gross sales that exceed a specified breakpoint. It aligns the landlord's income with the tenant's business success.
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