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Lease Commission

A commission usually paid by the landlord to the leasing broker for finding tenants to occupy a space.

Methods​

Amount​

Will only use the inputted amount as the annual amount

Amount/Unit​

Will multiply the inputted amount by the inputted Unit (Area), and use that calculated amount as the annual amount Ex: $/SF/year

% Of Lease​

Used for Leasing Commissions, the inputted percentage will be used to calculate the leasing commissions

Market​

Market is only allowed in Rent Roll

Typically used for vacant unit lease-ups, % of the market takes the inputted percent and is multiple by the corresponding Market Leasing profile that it is assigned to.