SPECIALTY LEASING definition
SPECIALTY LEASING. Owner agrees to pay Agent the following as compensation: For temporary tenants or licensees, an amount equal to ten percent (10%) of the minimum rent collected up to $325,000; and twenty percent (20%) of the minimum rent collected over $325,000. For purposes of this paragraph, a temporary tenant or licensee is one whose occupancy of space is limited to less than one (1) year.