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Definition of Base Rent
“Base Rent” is a set amount in a lease to which other amounts are added, such as CAM Charges, to arrive at the total amount paid by a tenant. A lease may provide for the “Base Rent” to be periodically adjusted, such as annually.
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DISCLOSURE: Some of the definitions of leasing terms in this glossary have been tailored to reflect the common practice in the leasing of smaller-sized commercial properties in Northern California. These definitions are not intended to be the legal definitions that would typically be used in a legal proceeding.