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Negotiating a turnover lease

By: Language: English Series: Shopping Centre Horizons ; (7) Autumn 1986,2-6 (5)Publication details: 1986Subject(s): Summary: Defines turnover leases ,which are generally confined to retailing , wherein the amount of rent payable is related to the actual turnover achieved by the tenant. Advantages and disadvantages of their use are described with consideration of their application to food courts . Problems of turnover leases in use are outlined with notes on clauses.

Defines turnover leases ,which are generally confined to retailing , wherein the amount of rent payable is related to the actual turnover achieved by the tenant. Advantages and disadvantages of their use are described with consideration of their application to food courts . Problems of turnover leases in use are outlined with notes on clauses.