A percentage rent clause in a retail lease will generally provide that a percentage of the tenant's net income will be paid to the landlord as rent.

Name: A percentage rent clause in a retail lease will generally provide that a percentage of the tenant's net income will be paid to the landlord as rent.
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A percentage rent clause typically requires the tenant to pay a percentage of their gross sales or revenue, not net income, as rent to the landlord.

A Percentage Rent Clause in a Retail Lease Will Generally