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Property

Basic rent

In the realm of finance, we often encounter the term "base rent" in the context of property leasing. As you may already know, this refers to the monthly rental fee charged by landlords, excluding any additional expenses for maintenance and interest. Essentially, it is the cost incurred for occupying a property under a lease agreement. However, it is worth noting that miscellaneous costs such as holding fees, fit out expenses, and building service charges are not typically factored into the base rent.

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