What term describes monetary covenants for retailers?

The term that accurately describes monetary covenants for retailers is commonly referred to as "Sales Obligations." This term encompasses the financial commitments that retailers agree to uphold as part of their lease agreements. Sales obligations can include stipulations about minimum sales thresholds or performance metrics that a retailer must achieve in order to comply with their leasing terms.

Retailers may be required to report their sales figures to landlords as part of these covenants, ensuring that both parties have a clear understanding of the business's performance and its implications on lease agreements. These obligations help landlords assess the viability of stores and maintain the investment value of their properties.

While rental fees, operating costs, and property charges pertain to various financial aspects of property leasing, they don't specifically denote the sales-related commitments inherent in the leases for retail spaces. Thus, “Sales Obligations” provides a more precise definition of the monetary covenants established between landlords and retailers, emphasizing performance-related financial responsibilities rather than standard fees or operational expenses.