Which type of lease, generally used for retail businesses, bases its rent on a minimum...

60.1K

Verified Solution

Question

Algebra

image

Which type of lease, generally used for retail businesses, bases its rent on a minimum fixed rental fee plus a portion of the gross income generated by the tenant's business?A) Percentage leaseB) Variable leaseC) Gross leaseD) Net lease

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students