Fast answerA tenant allocation percentage used for specified building costs, often based on a relationship between premises and building areas.
Why it matters
A small percentage change can affect recurring additional rent.
What to request
Request the numerator, denominator, exclusions, adjustment rights and treatment of different uses.
Planning example
Reconcile the percentage to the cited areas and measurement basis. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.
Related decisions
Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.