What term is used for rent that exceeds a guaranteed minimum base rent?

The term used for rent that exceeds a guaranteed minimum base rent is "Overage Rent." This term typically applies in lease agreements where a tenant pays a set base rent, and any rent amount beyond that base—which can be a percentage of revenue or profit—is regarded as overage rent. This structure incentivizes the landlord because they benefit from the tenant's business success without altering the initial base lease terms.

In the context of commercial leases, overage rent is often used as a method to allow landlords to share in the increasing revenues of their tenants, particularly in retail environments where sales can fluctuate significantly. This system aligns the interests of both parties and can provide financial stability for landlords while offering tenants an opportunity to manage fixed costs effectively.

The other terms can be related but do not accurately define the concept in question here. Excess Rent refers more generally to any amount beyond a specified threshold, while Bonus Rent and Variable Rent might imply different structures or conditions within rental agreements.