Contracts
A 'graduated rent' lease provides for:
ARent that stays the same throughout the lease
BRent that increases at specified intervals during the lease term✓ Correct
CRent based on the tenant's profits
DRent that decreases as the lease term progresses
Explanation
A graduated rent (step-up) lease provides for predetermined rent increases at specified intervals, allowing landlords to build in rent growth while giving tenants certainty about future costs.
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