A lease, commonly used for commercial property, whose rental is based on the tenant's gross sales at the premises; it usually stipulates a base monthly rental plus a percentage of any gross sales above a certain amount.
Related information about percentage lease:
- Percentage Lease Definition | Investopedia
A type of lease where the tenant pays a base rent plus a percentage of any revenue earned while doing business on the rental premises. It is a term used in ...
- Percentage Lease - Legal Dictionary - The Free Dictionary
A rental agreement, usually with respect to a retail business property, whereby a portion of the gross sales or net sales of the tenant is used to determine the rent.
- Percentage Lease
A lease whose rental is based on a percentage of the monthly or annual gross sales made on the premises. Percentage leases are common with large retail ...
- Leasing Definitions - The Definition of "Percentage Lease"
Leasing Definitions: Percentage Lease. A Percentage Lease typically requires a tenant pay.
- What is percentage lease? definition and meaning
Definition of percentage lease: Commercial lease in which the rental amount is computed as a certain percentage of the sales generated at leased property.
- Percentage Lease: Definition from Answers.com
lease of property in which the rental is based on a percentage of the volume of sales made upon the leased premises.
- What Is a Percentage Lease?
A percentage lease is a commercial real estate agreement in which the tenant remits a base rental amount each month, along with a percentage of the receipts ...
- Percentage Lease Lawyers | LegalMatch Law Library
May 27, 2010 ... Find Percentage Lease Lawyers and Attorneys in your area. percentage lease is a lease where rent payments are based on the lease holder's ...