A landlord leased space in his new retail property...

Texas Real Estate National Exam Latest Update

Question Number 11

A landlord leased space in his new retail property to an inexperienced business person. Based on location and the type of business, the landlord believes it will be a great success. What type of lease can he enter into with the tenant that will allow the landlord to benefit from the tenant's success?

a percentage lease

a net lease

a gross lease

a sale and leaseback

✔ Correct Answer:

a percentage lease

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Texas Real Estate National Exam Latest Update

Question Number 11

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