Which of the following is not typically considered a default free rent element?

In the context of commercial leasing, default free rent elements refer to the components of a lease that provide a predictable and stable income stream for landlords. These elements typically include fixed base rent, fixed steps (which are predetermined increases in rent over the lease term), and CPI adjustments (which allow rent to adjust based on changes in consumer prices).

Variable pricing, on the other hand, is not typically classified as a default free rent element because it can introduce uncertainty in rent payments. Variable pricing is often tied to performance metrics or market conditions, meaning that the income generated from such rents can fluctuate over time. This variability does not provide the predictable nature that is characteristic of default free elements, making it harder for landlords and property managers to forecast revenue accurately.

In summary, the correct answer identifies variable pricing as an element that lacks the stability and predictability seen in the default free rent components usually found in commercial leasing agreements.