The rent is fixed or variable. For small commercial premises, the rent is generally fixed. On the other hand, for most of the commercial leases, there is a base rent collected monthly, according to the leased area. We add an additional rent for the taking in charge by the lessee of operating costs in proportion to his occupancy. Operating costs are normally distributed among the lessees, according to the proportion of the area which they occupy in the building. Additional rents are often collected monthly according to an estimate, which is revised annually.
To determine the rent, it is important, for both the lessor and the lessee, to well describe the expenses which will be payable by the lessee and which will be included in an operating expenses clause.
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