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Real Estate Glossary

Base Rent

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Richard Wilson
Written by Richard Wilson

Typically a fixed amount, the base rent is the asking price for the space itself. It does not include any maintenance, insurance, taxes, or any other type of financed money that may be used for the build-out. The base rent is the initial rent–it may still change over the term of the lease.

Typically a fixed amount, the base rent is the asking price for the space itself. It does not include any maintenance, insurance, taxes, or any other type of financed money that may be used for the build-out. The base rent is the initial rent–it may still change over the term of the lease.

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Richard Wilson

Richard Wilson

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