Practice and Precedents Turnover Rents (Part One).

The article presents a comparison of retail rent laws in Great Britain and the U.S. as of February 2014, focusing on precedents and turnover rents in relation to malls in America, as well as information on the British Landlord and Tenant Act 1954 and consumer buying patterns. Base rents for properties in the U.S. are mentioned, along with market value, discounted cash flow, and notional tariffs for various businesses in Great Britain. The drafting of turnover rent provisions is also examined.