Percentage Lease Explained How Do Landlords Share in Retail Revenue
Release Date: 08/05/2026
Sublease vs Assignment of Lease What’s the Difference
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Confused about subletting, assignment of lease, and privity concepts? Here’s a simple breakdown. Sublease (Subletting) A tenant rents part or all of their leased space to another person while remaining on the original lease. Example: A business has extra office space and sublets part of it to another professional. In a sublease: ✔️ The original tenant remains on the lease ✔️ The original tenant is still responsible to the landlord for rent,...
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Seller Representation Agreements: What Happens If the Seller Doesn’t Renew?
Alberta Real Estate Tutor
Seller Representation Agreements: What Happens If the Seller Doesn’t Renew? Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 If a seller decides not to renew a Seller Representation Agreement, do they still owe the agent for expenses? Not typically. There is an important difference between: ✔️ Ending a contract early (changing their mind during the agreement term) ✔️ Choosing not to renew after the agreement expires If a seller decides partway through the agreement that they no longer...
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RMS Measurements Do You Measure a House From the Inside or Outside
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Confused about RMS measurements and bay windows? When measuring a home under the Residential Measurement Standard (RMS), the home is generally measured from the exterior. However, special features such as a bay window can require additional calculations because of their shape — whether rectangular, curved, or otherwise irregular. In those cases, formulas may be used to properly calculate that section, but the overall property measurement process...
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Real Estate Incentives: Do Promotions Have to Be Offered to Everyone?
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Real Estate Incentives: Do Promotions Have to Be Offered to Everyone? Do real estate incentives always have to be advertised publicly to everyone? Not necessarily. An incentive does not always mean a broad public advertisement. Sometimes, a brokerage or real estate professional may communicate an incentive directly to an individual client or prospect. For example, a realtor might tell a potential client: "If you list your home with us within the next 90...
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Purchase Contract vs Addendum: Where Do Inclusions Go in Alberta Real Estate?
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Purchase Contract vs Addendum: Where Do Inclusions Go in Alberta Real Estate? Should a client add something directly into the purchase contract or use an addendum? The answer depends on when the change is being made. If parties are still negotiating the offer, additions such as inclusions or negotiated terms are typically added directly into the purchase contract under Additional Terms. If changes happen later — for example after a home...
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Post Tension Cables in Condos Why Are They a Concern
Alberta Real Estate Tutor
Post-Tension Cables in Condos: Why Are They a Concern? Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 What are post-tension cables, and why can they affect condo purchases and financing? Many older high-rise buildings used post-tension cable systems as part of their structural design. These cables are typically made of steel and protected by a coating or encasing material. Over time, deterioration can occur. If moisture reaches the steel, corrosion and rust can weaken the system. Why does this matter?...
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Percentage Lease Explained How Do Landlords Share in Retail Revenue
Alberta Real Estate Tutor
Percentage Lease Explained: How Do Landlords Share in Retail Revenue? Enroll in courses here: or call our Success Team at : 587-936-7779 What is a percentage lease in commercial real estate? A percentage lease is commonly used in retail properties, shopping centres, and plazas. Under this type of lease, the tenant typically pays: ✔️ Base Rent ✔️ Operating Costs (where applicable) ✔️ Additional Percentage Rent once sales exceed a specified breakpoint Here’s the basic idea: Shopping centres and plazas often invest in marketing and promotions that drive customer traffic to...
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Titles Delays: What Does “Pending Registration” Mean?
Alberta Real Estate Tutor
Titles Delays: What Does “Pending Registration” Mean? Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 What happens when Land Titles is backlogged? If registrations have not yet been fully processed — including certain notices or registrations — you may still see a “Pending Registration” status. A pending registration is not invisible or missing information. Instead, it indicates that the registration has been submitted but has not yet been fully updated on title. Typically, you may see: ✔️ Pending Registration...
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Fee Simple Ownership & Airspace Can You Build Anything Above Your Property
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at 📞: 587-936-7779 What does it mean when fee simple ownership rights extend from the surface to the airspace? While fee simple ownership includes rights associated with the land and the space above it, that does not mean an owner can build anything they want without restrictions. For example, if a property owner wanted to install a tall structure — such as an internet tower to overcome tree coverage — they would generally need to: ✔️ Review applicable zoning...
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What happens when the government takes a property through expropriation?
Alberta Real Estate Tutor
Enroll in our courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at 📞: 587-936-7779 What happens when the government takes a property through expropriation? If a government authority needs land for a public project — such as building a recreation centre, road, or other public infrastructure — the property owner cannot simply have their property taken without payment. The property owner (landlord) is typically compensated for the property, generally based on market value. But what about the tenant? Because tenants do not own...
info_outlinePercentage Lease Explained: How Do Landlords Share in Retail Revenue?
Enroll in courses here: https://www.albertarealestateschool.com/shop/
or call our Success Team at : 587-936-7779
What is a percentage lease in commercial real estate?
A percentage lease is commonly used in retail properties, shopping centres, and plazas. Under this type of lease, the tenant typically pays:
✔️ Base Rent
✔️ Operating Costs (where applicable)
✔️ Additional Percentage Rent once sales exceed a specified breakpoint
Here’s the basic idea: Shopping centres and plazas often invest in marketing and promotions that drive customer traffic to retailers. For example, a large mall marketing campaign can attract more shoppers, helping retailers increase sales. Because the landlord contributes to creating that business traffic, the lease may allow the landlord to receive a percentage of the tenant’s revenue above a certain sales threshold (breakpoint).
For example, a tenant might pay base rent plus an additional 2%–3% of sales above the agreed breakpoint. That additional amount is paid to the landlord, which is why it’s called a percentage lease. Understanding commercial lease structures is key for commercial real estate education and exam preparation.
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