Property Management
A West Virginia commercial lease contains a percentage rent clause. In addition to base rent, the tenant pays:
AA flat monthly fee regardless of sales
BA percentage of gross sales above a breakpoint amount✓ Correct
CA percentage of the landlord's mortgage payment
DAdditional rent only if the property value increases
Explanation
A percentage rent clause requires the tenant to pay base rent plus a percentage of gross sales above a natural breakpoint (base rent divided by the percentage rate). Common in retail leases, it allows landlords to share in tenant's business success.
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