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Old 04-07-2013, 06:46 PM
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Quote:
Originally Posted by LndLocked View Post
"That is common to do business that way in strip mall retail areas. EVERYWHERE"

I respectfully disagree.

It is NOT common for a landlord / developer to ask for a % of gross profits in a lease agreement. They make money (as the have a right to) on lease payments (and some would say Common Area Management (CAM) ) ... however, a % of profits from your tenants is by no means normal.
I respectfully disagree with you. It IS common practice for a landlord of a mall/strip mall to ask for and get a % of the take from the tenants businesses. VERY common.