Addendum

TXR 2106 — Commercial Lease Addendum for Percentage Rent

Addendum to the TXR Commercial Lease adding percentage rent: in addition to any other rent the tenant pays, on or before the 10th of each month, a stated percentage rental rate multiplied by the previous month's gross sales (all receipts of any business on or from the premises, excluding sales and excise taxes; credit and installment sales count in full in the month made) that exceed either the Base Monthly Rent (the natural break) or a written breakpoint. Each payment comes with a written statement of gross sales and copies of all sales and excise tax reports; the tenant keeps accurate books the landlord may inspect during business hours; at each calendar year-end the year's gross sales times the rate is reconciled with the percentage rent actually paid, with shortfalls paid and overpayments refunded. Special provisions and the Landlord / Tenant execution blocks.

Source: TXR
Form Number: 2106
Category: Addendum
Revised: July 8, 2022

Used For

COMMERCIAL_LEASING

Form Outline

The TXR 2106 form is organized into the following sections:

  1. Leased Premises
    "ADDENDUM TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED PARTIES CONCERNING THE LEASED PREMISES AT ___."
  2. A. Gross Sales
    Printed only — no blanks. "Gross sales" means the total of all receipts of any business conducted on or from the leased premises, including the total sales price of merchandise, products or services but not sales or excise taxes; a credit or installment sale is a sale for the full price in the month made.
  3. B. Percentage Rent
    "In addition to any other rent, Tenant will pay, on or before the 10th day of each month, percentage rent that is equal to ___% (percentage rental rate) multiplied by Tenant's gross sales in the previous month that exceed: ❑ (1) the Base Monthly Rent. (i.e. natural break) ❑ (2) ___."
  4. C. Sales Statements
    Printed only — no blanks. With each percentage rent payment Tenant provides an accurate written statement of gross sales for the previous month and copies of all sales and excise tax reports Tenant, subtenants or concessionaires must file with any governmental agency.
  5. D. Books and Records
    Printed only — no blanks. Tenant maintains accurate financial books and records of gross sales; Landlord may inspect them at any time during Tenant's normal business hours.
  6. E. Annual Reconciliation
    Printed only — no blanks. At the end of each calendar year the total gross sales for the year are multiplied by the percentage rental rate and reconciled with the percentage rent actually paid; additional amounts are paid to Landlord and excess payments refunded to Tenant.
  7. F. Special Provisions
    Any additional terms. The form leaves a few lines of unruled white space under the heading; the text is drawn there.
  8. Landlord and Tenant (execution block)
    "Landlord: ___" and "Tenant: ___", each followed by two signer blocks — "By: ___" (the person or entity signing for the party), "By (signature): ___" (signed electronically), "Printed Name: ___" and "Title: ___". No "Date" line on this form.

Fill and E-Sign This Form in RaiderX

EZDocs Instant fill

TXR 2106 has a verified fill map in EZDocs: answer a guided form — with the parties, property, price and closing date already filled in from your deal — and RaiderX fills the official current revision of the PDF, places every signature, initial and date line, and sends it for e-signature. Once every side has signed, the executed copy files itself into the deal.

No downloaded blank, no separate e-signature account, no re-uploading the signed copy. EZDocs is in beta and included with every RaiderX plan at no per-signature cost, on the web and in the mobile app.

Every signed form also feeds Deal Manager: it reads the form's key dates and terms and builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing.

See EZDocs in Action
Fill, e-sign and auto-file Texas forms without leaving RaiderX — included with every plan.
Explore EZDocs

Ready to Keep 100%?

Join Texas agents who fill, e-sign and track forms like this one inside RaiderX — EZDocs and Deal Manager are included with every plan.

Apply NowBrowse All Forms