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 Example: Sales Rule per Contract

The tenant pays sales-based rent of 5% of total net sales for all rented stores. Settlement takes place monthly after the sales reports are received. The tenant has to report sales by the fifth business day after the end of the month. The settlement and reporting frequency is the same. Settlement against conditions does not take place, since there is no agreed minimum rent and there are no advance payments on sales-based rent.

Sales Rule

All Stores in Contract for Shopping Center ABC

Objects belonging to rule

All rental objects of contract (calculation object of condition = contract)

Settlement Rule

Monthly

Reporting Rule

Monthly

Calculation Rule

5% of net sales

Conditions settled with the sales rule

Advance payments

None

Minimum rent

None

Settlement

Condition sales-based rent for shopping center ABC

Reported sales of 50,000 USD results in sales-based rent of 2,500 USD.