A clause which requires a tenent in retail space to achieve a certain level of sales of the lease will be terminated is referred to as a
A) Kickout clause
B) Termination clause
C) Option clause
D) Santa clause
Correct Answer:
Verified
Q1: A gross lease is riskier for the
Q3: The use of a CPI index in
Q4: A gross lease is where tenants pay
Q9: Expense stops protect the lessee from unexpected
Q11: The term "usable area" is typically synonymous
Q16: The dollar amount by which total rent
Q18: Which is not true about Cap rates?
A)
Q36: A 1,500 square foot office space is
Q38: A clause in a non-anchor tenant's lease
Q40: Expenses for a 1,000 square foot office
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