What Is a Contingent Lease
Under a Contingent Rental, the Commercial Property Rental Rate Is Not Fixed from Month to Month, but May Be Based on the Revenues Generated as a Tenant or...
Under a contingent rental, the commercial property rental rate is not fixed from month to month, but may be based on the revenues generated as a tenant or concessionaire. … The rent may increase or decrease depending on the income and may be determined by standard, agreed-upon indicators of inflation or deflation.
What is a contingency lease?
What is Contingent Rent? Contingent rent is a rental payment that varies with the future amount of a specific factor that is not related to time. Contingent rent is usually based on the future rent or profits of the renter. It is not a fixed rental payment, as is most commonly the case with rental arrangements.
Which of the following is included in minimum lease payments?
Minimum lease payments are rental payments over the lease term including the amount of any bargain purchase option, premium, and any guaranteed residual value, and excluding any rental relating to costs to be met by the lessor and any contingent rentals.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
