Property Management
A New Hampshire commercial tenant with a percentage lease pays:
AOnly a flat monthly rent
BA base rent plus a percentage of the tenant's gross sales✓ Correct
COnly a percentage of net income
DRent based on the appraised value of the property
Explanation
A percentage lease requires a base monthly rent plus a percentage of the tenant's gross sales above a specified 'breakpoint.' It is common in retail settings, aligning the landlord's income with the tenant's business success.
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