In Commercial Leases, Rents Do Not Necessarily Have to Be

question 19

Multiple Choice

In commercial leases, rents do not necessarily have to be kept constant over the life of the lease term. One option is for there to be pre-specified increases in the contract rental rate over time, sometimes referred to as "step-ups" or "escalations." This type of rent treatment is commonly referred to as:

• A) flat rent
• B) graduated rent
• C) indexed rent
• D) percentage rent

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Definitions:

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