minimum rent
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minimum rent
The smallest amount of rent due from a tenant with a variable rental rate,such as a rent calculated as a certain percentage of gross sales, with a minimum rent of a certain amount per month.
Also found in: Encyclopedia.
References in periodicals archive
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Minimum rent: Dh35,000 Maxium rent: Dh75,000 How much rents have fallen in one year : -11 per cent
At the same time it raised the minimum annual guarantee and increased the minimum rent.
Later, Begum Syeda Abida Hussain acquire this land from Punjab government against the minimum rent of Rs.
The operating lease will utilise a Minimum Rent plus Variable Rent structure.
"To construct a new building with the cost involved dictates a certain minimum rent,'' Mr.
However, the basic or minimum rent paid by a franchisee is just one of the many costs and risks under a lease that must be understood and carefully negotiated.
The Government has set the minimum rent payable in cases where the number of rooms exceed by two or more at 25%.
Core Campus wants to build high-end units with a minimum rent of $900.
We were expecting a complete construction of this street like other adjacent streets but I guess the whole idea has been dropped to renovate one of the oldest streets of Juffair, where the minimum rent being asked is BD450 for a small apartment.
(4) the minimum rent, which is between $0 and $50 as determined by the PHA.
Mr Beech says "no minimum rent" has been set for those wishing to acquire the property, but anyone hoping to stay there must submit a business plan to the Trust detailing the annual rent they can afford to pay and the skills and ideas they could bring to the estate.
It is ecclesiastical in style, has been renovated sympathetically with regards to its original features and would make a nice family home," Mr Beech says "no minimum rent" has been set for those wishing to acquire the property, but anyone hoping to stay there must submit a business plan to the Trust detailing the annual rent they can afford to pay and the skills and ideas they could bring to the estate.
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