Which aspect does a fixed lease typically NOT include?

A fixed lease generally provides stability and predictability for both the landlord and tenant by establishing specific terms that outline the rental agreement. In such leases, the base monthly rental amount, duration of the lease, and rental terms are clearly defined and agreed upon by both parties.

The rental terms are crucial as they often specify not only the monthly payment but also the responsibilities of each party. The duration of the lease ensures that both tenant and landlord understand their commitments over time. Therefore, all these components contribute to the fixed nature of the lease agreement.

In contrast, a percentage of sales as part of rental considerations is typically associated with variable leases, especially in commercial property rentals, where landlords might charge rent based on the tenant's revenue or sales performance. This allows for flexibility and can benefit both parties depending on the tenant's business success. Thus, a fixed lease usually does not include a percentage of sales, reinforcing its definitive and unchanging rental terms.