Commercial Leases/Business Goodwill
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Title 1: Formation of the lease agreement
Chapter 1: Term
Chapter 2: Obligations of the parties
I: Agreement of the parties
II: Actual and genuine rent
III: Flat-rate rent
V: Single-purpose premises
VI: Indexed rent
VII: Step rent
VIII: Rents paid in advance/security deposit
IX: Key money
Section 2: Rental value
Section 3: Revision during the lease term
Title 3: Change of use
Title 4: End of lease
Title 5: Assignment of the lease
Title 6: Procedure
Part 2: Business goodwill
131. Variable or Binary Rent/Turnover Clause
1 minute de lecture
A long-established practice and regularly used in shopping centers, the so-called turnover clause, or variable rent clause, allows the parties to freely set a rent calculated from a certain percentage of the tenant's turnover. This method of determining rent does not contravene either the provisions of Article L. 145-15 of the Commercial Code , or those relating to unfair terms . Indeed, by provi …
