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Real Estate Glossary

Base

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Richard Wilson
Written by Richard Wilson

In reference to leases, base refers to a face, quoted, dollar amount illustrating the rent or rate in dollars per square foot per year. It is typically called the base rate. Base can also be a chart pattern depicting a relatively narrow price range over a certain period.

In reference to leases, base refers to a face, quoted, dollar amount illustrating the rent or rate in dollars per square foot per year. It is typically called the base rate. Base can also be a chart pattern depicting a relatively narrow price range over a certain period.

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Richard Wilson

Richard Wilson

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