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'Option to Renew' Clause in Lease Hands Power to the Question: A prospective tenant has requested that his one-year lease contain an "option to renew" clause What does this clause mean? Answer: An "option to CLIC - Landlord & Tenant: Renewal matters - hkclicorg X Renewal matters Supposing that an existing tenancy is about to expire the landlord and the tenant can commence their negotiation on whether to renew Negotiating the Renewal Option - THE TENANT ADVISOR Who Benefits from a Renewal Option? Most commercial office leases are long-term in nature typically 5 7 or 10 years in length but also typically contain provisions ARTICLE RENEWAL OPTION - New York City Bar 1 The Model Commercial lease Renewal Option Clause uses capitalized terms that must be defined in Tenant shall have no option to extend or renew the Tenant this OPTION TO RENEW / EXTEND - Real Estate Forums SECTION 1 OPTION TO EXTEND Modification - Tenant 11 Provided the Tenant is Beauregard Chaimberg Gauthier inc (BCG) and is not in material default Renewal Options in a Lease: Tips and Traps for Landlords Whether you are a landlord or a tenant one of the crucial terms to consider when negotiating a lease is the renewal clause The renewal clause grants the tenant an EXERCISING OPTION TO RENEW A LEASE - ocrorgza EXERCISING OPTION TO RENEW A LEASE Renewal clause confers legal right to continue tenancy until specified or deals expiry Daily News Tuesday November 24 2009 OPTION TO RENEW/EXTEND LEASE - first tuesday Preared by: Agent roer Phone Email OPTION TO RENEW/EXTEND LEASE NOTE: This form is used by a leasing agent or landlord when negotiating a residential or Renewal Option - Investopedia DEFINITION of 'Renewal Option' A clause in a lease that outlines the terms for renewing or extending an original lease agreement The renewal option appears as a Option To Renew - ContractStandards The Option to Renew clause states whether the Tenant is able to renew the Lease for an additional term and the stipulations for such renewal
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