What is percentage rent?
May 29, 2024
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Percentage rent is a leasing arrangement commonly used in commercial real estate. In this arrangement, a tenant pays a base right rent along with an
Percentage rent is a leasing arrangement commonly used in commercial real estate. In this arrangement, a tenant pays a base right rent along with an
A lease rider, a crucial element for a franchisor, is an addendum to a commercial lease. For franchisors, ensuring their franchisees secure favorable lease terms
When is the best time to renegotiate my lease is a complex question. As with any decision regarding your lease including renegotiating a commercial lease;
The landlord retains the right to receive rent from a tenant under the lease even after the tenant has moved out. Owing back rent after
Exercising an option under ASC 842, which is the accounting standard for lease accounting in the United States, depends on various factors. ASC 842 requires organizations to recognize lease assets and liabilities on the balance sheet. This includes guidance on how to account for these leases. How can you be reasonably certain to exercise an option?
Free rent, or rent abatement, is common in many commercial office leasing and retail property transactions. Landlords offer free rent to entice tenants to sign
A lease abstract is a concise, easy-to-read summary of the lease agreement. An abstract is an easy way to relay information to your team. An
A No-Waiver clause in a lease serves a similar purpose as in any other contract. It specifies that if the landlord or tenant fails to
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