In this video, we will be discussing the concept of a percentage lease in real estate. If you're studying for your real estate license exam or just looking to expand your knowledge on this topic, this video is for you!

A percentage lease is a type of commercial lease agreement where the tenant pays a percentage of their sales as rent to the landlord. This type of lease is commonly used in retail spaces, where the tenant's sales can directly affect their ability to pay rent.

Throughout this video, we will explore the key terms and concepts related to percentage leases, including the base rent, breakpoint, and more.

By the end of this video, you will have a solid understanding of what a percentage lease is, how it works, and how it applies to the real estate industry. So sit back, grab a notebook, and let's dive in!

Here are the chapters for this video. Feel free to jump around accordingly:

0:00 Introduction
0:22 What is a Percentage Lease?
0:58 What Terms Are Covered in a Percentage Lease?
2:52 Example of a Percentage Lease in Real Estate
3:19 Pros and Cons of a Percentage Lease
4:45 How to Calculate a Percentage Lease
5:06 What to Know Before the Real Estate Exam

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