Property Management
A Vermont commercial lease with a 'percentage rent' clause requires the tenant to pay:
AA fixed rent regardless of sales
BBase rent plus a percentage of the tenant's gross sales above a specified breakpoint✓ Correct
CA percentage of the landlord's expenses
DRent equal to a percentage of the building's assessed value
Explanation
Percentage rent clauses, common in Vermont retail leases, require tenants to pay a base rent plus a percentage of gross sales exceeding a specified 'breakpoint.' This aligns the landlord's income with the tenant's business success and is typical in shopping center leases.
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