Most rental agreements comprise a high fixed-base rent and a small component - typically 1 to 2% - based on a business' variable gross turnover. This formula shields landlords in times of low sales. Some mall tenants think they could go under with the tepid sales during this virus outbreak.
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THE ongoing tussle between tenants and landlords over rental rebates and support through the Covid-19 outbreak has thrown the spotlight on what is seen as an uneven relationship between the two; some quarters have called for more fair play through a review of the Fair Tenancy...