Definition of "Percentage lease"

Jane Podowski real estate agent
Jane Podowski, Real Estate Agent NextHome Advisors

Rental due on the leased property is formulated as a percentage of sales volume. There is typically a minimum rental specified. An example is a retail store that pays rental based on its dollar sales.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions