Property Management
A commercial lease that provides for rent increases based on the tenant's gross sales is called a:
ANet lease
BPercentage lease✓ Correct
CGross lease
DIndex lease
Explanation
A percentage lease requires the tenant to pay base rent plus a percentage of their gross sales above a specified amount (natural breakpoint). This type of lease is common in retail shopping centers and ties the landlord's income to the tenant's business performance.
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