1. Lease terms
Use figures for the same period as the statement. For a partial lease year, enter the base rent or breakpoint for those months.
2. The landlord's statement
3. Your own records
Leave blank to start from the landlord's figure. Then list amounts inside that figure that your lease excludes from Gross Sales.
| Line | Amount in gross sales ($) | Lease excludes it | Remove |
|---|
4. For the note (optional)
Enter the rate, breakpoint inputs, the landlord's sales and the amount billed, then click Check the statement.
Result
Review note (edit before you send)
What this does not cover
- Not legal, tax, or financial advice. Your lease and your landlord's statement control.
- No lease reading. You supply the rate, breakpoint, cap and which sales lines your lease excludes; the tool cannot tell what your Gross Sales definition says.
- No other charges. Common-area, tax and insurance pass-throughs are separate and not checked here.
- It does not decide who is right. Each line is priced alone, so lines can overlap near the breakpoint; the combined figure is the one that adds up. A line is only worth raising if your records prove it.
Common questions
Can I audit my landlord's percentage rent statement?
Usually yes. Leases with a percentage-rent clause normally let the tenant ask for the sales report behind the bill, and many set a short window to object, so find the date and clause first. Disputes are won with your own sales report for the same dates, not with a note that only says the number looks high.
What is a natural breakpoint in a percentage rent lease?
It is base rent divided by the percentage rate: at a 6% rate and $60,000 of annual base rent, the natural breakpoint is $1,000,000. Percentage rent is charged only on gross sales above it. Some leases state a different, artificial breakpoint instead, and then the stated number controls.
What can be excluded from gross sales for percentage rent?
It depends entirely on the lease's definition of Gross Sales. Sales tax, refunds and returns, gift-card sales (until redeemed), employee discounts and tips are common exclusions, but none is automatic. Read your definition and mark only the lines your lease excludes.
Why does an excluded amount sometimes change nothing?
Percentage rent is charged only on sales above the breakpoint. If an excluded amount sits below it, taking it out lowers sales but not the rent by itself. The tool prices each line alone and then recomputes the combined answer, which is the figure to trust.
Is this legal advice?
No. It redoes the arithmetic from the lease terms and sales figures you type. It does not read your lease, and your lease and your landlord's statement control.