minimum guaranteed rent

USAGE SUMMARY

The phrase "minimum guaranteed rent" is correct and usable in written English.
It can be used in contexts related to real estate, leasing agreements, or rental contracts to specify the lowest amount of rent that will be paid. Example: "The landlord agreed to a minimum guaranteed rent of $1,500 per month for the duration of the lease."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Wal-Mart gets a minimum guaranteed rent or a percentage of a store's gross, whichever is greater.

Forbes

Each university will receive a minimum guarantee of $550,000.

The New York Times - Sports

"We receive equity in lieu of a minimum guarantee.

Forbes

Retail rents at many airports are based on a percentage of sales, with minimum guarantees; San Francisco, like other airports, has reduced or waived guarantees.

The New York Times - Travel

The ILO also wants to see minimum guaranteed hours, better social protection and stronger collective bargaining.

The Guardian - Business

From next month, the minimum guaranteed will be £75 per week for a single pensioner.

The Guardian

Best effort with minimum guaranteed.

EURASIP Journal on Wireless Communications and Networking

Zero-hour contracts refer to employment contracts with no minimum guaranteed hours of work. .

TechCrunch

Despite the sob stories, Mr. Hochman guarantees rent increases -- 3 and 5 percent minimum, 5 and 7percentt maximum -- when the board votes on June 22.

The New York Times

Everybody except Welles works on a minimum-guarantee-and-percentage basis.

The New Yorker

'Pulling wool over our eyes' Retired driver Barry Maycock, from Alford, near Aberdeen, believes the minimum Income Guarantee is neither a guarantee nor a minimum income.

The Guardian

Expert writing Tips

Best practice

When using "minimum guaranteed rent" in a lease agreement, clearly define the conditions under which this minimum applies, especially if the actual rent is tied to a percentage of sales.

Common error

Avoid ambiguity by explicitly stating whether the "minimum guaranteed rent" is in addition to, or inclusive of, any percentage rent calculations based on revenue.

Linguistic Context

The phrase "minimum guaranteed rent" functions as a noun phrase specifying a contractual agreement in real estate or leasing. According to Ludwig, it is used in contexts related to rental agreements to define the lowest acceptable rent amount.

Expression frequency: Missing

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Ludwig's WRAP-UP

In summary, "minimum guaranteed rent" is a noun phrase that specifies a baseline payment in rental agreements. Though grammatically sound, Ludwig indicates that real-world examples are sparse. Alternative terms like "base rent" or "floor rent" may offer more concise and commonly used options. When employing "minimum guaranteed rent", ensure clarity in lease agreements to avoid potential ambiguities related to revenue-based rent calculations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Base rent

This is a shorter, more common term referring to the minimum amount of rent due.

Guaranteed minimum rental payment

This reorders the words for emphasis on the 'payment' aspect and specifies that it is a 'rental' payment.

Minimum rental guarantee

This inverts the word order, focusing on the 'guarantee' aspect of the rent.

Floor rent

This is a synonym that refers to the lowest acceptable rental amount.

Baseline rent

This alternative emphasizes the 'baseline' or starting point of the rental agreement.

Guaranteed base rent

This emphasizes that the base rent is guaranteed.

Minimum assured rent

Uses 'assured' instead of 'guaranteed' for a slight variation in wording.

Lower limit rental fee

This is a more descriptive way to refer to the "minimum guaranteed rent".

Fixed minimum rent

This highlights the fixed nature of the minimum rent amount.

Lowest guaranteed rent

This emphasizes that it is the lowest possible rent that is guaranteed.

FAQs

How can I use "minimum guaranteed rent" in a sentence?

You might say, "The lease stipulates a "minimum guaranteed rent" of $1,000 per month, regardless of sales."

What's another way to say "minimum guaranteed rent"?

Alternatives include "base rent" or "floor rent", which are shorter and commonly used.

What does "minimum guaranteed rent" mean in a commercial lease?

It refers to the lowest amount of rent a tenant must pay, even if their sales-based rent calculation falls below that amount.

Is it common for commercial leases to include a "minimum guaranteed rent"?

Yes, it's a standard practice to protect landlords from low revenue periods, ensuring a consistent income stream.