The cumulative percentage rent alternative is especially attractive when dealing with seasonal businesses and other tenants whose sales revenues fluctuate throughout the year. Here’s a briefing on the cumulative rent method and how to implement it, including a Model Lease Clause that you can adapt for your own use.
Denying a request to use an outside telecom provider may cause an attractive tenant not to sign or renew the lease. But granting the request may mean having to allow an outsider that you don’t know or trust enter and perform potentially extensive wiring and installation work on the building both within and outside the tenant’s premises. Here's how to use the lease to resolve this dilemma.
The key is getting the tenant’s pre-agreement to representations. We explain how, and give you a Model Lease Clause that you can adapt for your own circumstances.