Turnover rent: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
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* [[Tenant]] | * [[Tenant]] | ||
* [[Turnover]] | * [[Turnover]] | ||
* [[Void]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 02:46, 9 July 2021
Law - commercial tenancy - rent.
Turnover rent is rent payable by a commercial tenant to a landlord, calculated by reference to the tenant's business turnover.
- Commercial property - risk sharing
- "If retail areas are to return to health, boarded-up shops and voids are undesirable, one might argue.
- Turnover rents, where landlords share in the success or failure of tenants, are increasingly a topic of conversation."
- Ian Chisholm, group treasurer, Grosvenor Group - The Treasurer, Issue 2, June 2021, p40
