Base rent is the minimum rent due under a lease that has a percentage or participation requirement.
A recapture clause is a provision in a contract that allows the party granting an interest (such as a lease) to take it back under specific conditions. Common in commercial leases, this clause provides a landlord the option to retake leased premises if the tenant's performance—usually measured by sales or revenue—falls below a defined threshold.
Rent escalation refers to a provision in a lease agreement that allows for periodic increases in the rental rate.
