Property Management
A Louisiana commercial tenant with a 'percentage lease' pays:
AOnly a percentage of the property's assessed value
BA base rent plus a percentage of their gross sales above a specified threshold✓ Correct
CRent equal to a fixed percentage of the property's market value
DOnly operating expenses as a percentage of income
Explanation
A percentage lease in commercial real estate requires the tenant to pay a base rent plus a percentage of their gross sales (typically above a 'breakpoint' threshold) — common in retail locations where the landlord participates in the tenant's sales success.
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