Property Management
A Maine commercial tenant with a percentage lease pays rent based on:
AA flat monthly amount only
BA base rent plus a percentage of gross sales above a breakpoint✓ Correct
CA percentage of the building's net operating income
DAnnual CPI adjustments only
Explanation
A percentage lease includes a base rent plus additional rent calculated as a percentage of the tenant's gross sales above a specified breakpoint (natural or artificial). Common in retail leases.
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