Property Management
A Montana commercial lease for retail space in a Billings shopping center may include a 'percentage rent' clause requiring the tenant to pay:
AA percentage of the shopping center's overall revenue
BA percentage of the tenant's gross sales above a specified base amount, in addition to base rent✓ Correct
CA percentage of the property's assessed value annually
DA percentage of the landlord's mortgage payment
Explanation
Percentage rent clauses in retail commercial leases require tenants to pay a percentage of their gross sales above a specified breakpoint (in addition to base rent), allowing landlords to share in the tenant's business success.
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