A lease provision that provides that rent will increase in a predetermined amount on a predetermined date is known as a
A. CPI escalator.
B. bump increase.
C. percentage rent clause.
D. net lease.
Answer: B
Legal Studies & Paralegal
You might also like to view...
Explain how a trial court operates. How does a trial court differ from an appellate court??
What will be an ideal response?
Legal Studies & Paralegal
The goal of property distribution at divorce is?
A. ?support for the wife. B. ?fairness to the parties. C. ?to protect creditors. D. ?to collect taxes.
Legal Studies & Paralegal
What is a Lawyer hopping?
What will be an ideal response?
Legal Studies & Paralegal
At the time of contracting, the contracting parties should consider whether a liquidated damage provision would be appropriate for their contract.?
Answer the following statement true (T) or false (F)
Legal Studies & Paralegal