Property Management
A percentage lease typically found in retail properties requires the tenant to pay:
AA flat monthly rent with no variable component
BBase rent plus a percentage of the tenant's gross sales above a threshold✓ Correct
COnly a percentage of net profits
DRent adjusted quarterly by the CPI
Explanation
A percentage lease consists of a minimum base rent plus an additional rent that is a percentage of the tenant's gross sales above a specified breakpoint.
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