Request to Extend Lease Must Comply with Lease's Renewal Provisions

September 27, 2011
| Share | Print

Facts: An owner and insurance agency signed a 10-year lease for office space. The lease provided for two renewal terms of five years each if the tenant notified the owner 12 months prior to the end of the lease of its intention to renew. The lease also required the tenant to meet with the owner 14 months ahead of the lease termination to discuss fixed rent, if the tenant wanted to renew.

Full Article Access:

Full access to complete articles from Commercial Tenant's Lease Insider is for subscribers only.

Not yet ready to subscribe?