A lease provision giving the tenant the right to extend the lease for an additional period of time under set terms.
Related information about option to renew:
- What is option to renew? definition and meaning
Definition of option to renew: Provision in a contract under which the buyer, lessee, or obligor has the choice of reinstating the concluded-contract for another ...
- Renewal or Extension
Lessee is hereby granted the option to renew this lease for an additional ______ year term provided that notice of exercise of said option is given by Lessee to ...
- Beware Of Uncertainty In Option To Renew Clauses - Real Estate ...
Jul 2, 2012 ... 2 Jul 2012 - Bermuda - Real Estate and Construction - Beware Of Uncertainty In Option To Renew Clauses - Appleby - In Bermuda, there is no ...
- Option to Renew - Featured Articles From The Los Angeles Times
Feb 11, 2001 ... Question: A prospective tenant has requested that his one-year lease contain an "option to renew" clause. What does this clause mean?
- Exercise of tenant's option to renew lease - Templates - Office.com
A tenant can use this form template to extend or renew a lease pursuant to the terms of the original lease document.
- Option to Renew Leases - FindLegalForms.com
This Option to Renew Lease is an agreement between a landlord and a tenant to renew a lease at the end of its expiration term. This Option to Renew Leases.
- Options to Renew: Watch That Calendar! | The Commercial Observer
May 16, 2011 ... Having an option to renew is a terrific benefit to any tenant and represents a substantial landlord concession. Let me count some of the ways.
- Options to Renew: Watch That Calendar! | Observer
May 16, 2011 ... Having an option to renew is a terrific benefit to any tenant and represents a substantial landlord concession. Let me count some of the ways.