Sentence examples for Base rent from inspiring English sources
noun
The amount of rent assessed before inclusion of additional expenses or other factors that increase the amount of rent to be paid.
Generally speaking, our average base rent is probably around $20. Q.
These payments are made up of a base rent and a percentage of sales.
Currently, the base rent for a two-bedroom unit is $924 a month, he said.
Rents would be quoted as base rent plus electricity and security, he said.
The company has raised the base rent on a two-bedroom apartment to $1,080, from $995 a month.
When the landlord's externality potential is low, but he is successful in generating sales, optimal sales share is low, but the base rent is high.
But whatever their income is, the rent cannot be more than 50percentt over the base rent.
But if the "preferential rent" is for the entire tenancy, the landlord must base rent increases only on the preferential rent.
"When Local Law 30 was enacted, about 74,000 buildings were audited and a Maximum Base Rent was established for every rent-controlled apartment," Mr. Panesoff said.
Recently, the city offered an annual base rent that begins at $15 million and rises based on the Port Authority's revenues.
The standard fee for an office transaction in New York is one-third of the first year's base rent, paid by the landlord.
