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Option to Renew Commercial Real Estate Lease |
$25.00 |
| This form provides three examples of language that can be included in a commercial real estate lease, to give the tenant the contractual option to renew the lease. One of the examples in this form can also be incorporated into the Addendum to Real Estate Leases (For the Benefit of the Tenant).
Format: |
Microsoft WordOPTION TO RENEW REAL ESTATE LEASE
Example 1
Tenant shall have the option to renew this Lease for an additional period of ______ (_____________) years (the "Renewal Term") by giving Landlord notice before the expiration of the initial term. Such Renewal Term shall be subject to all of the terms, covenants, and conditions of this Lease.
Example 2
Provided that Tenant is not in default beyond any applicable period to cure, at any time from the exercise of the option until the expiration of the initial term, Tenant....
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This is only a partial view of this document. Option to Renew Commercial Real Estate Lease is just $25.00 and can be immediately downloaded after purchase. |
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This form is included in the
Landlord/Tenant (Commercial) Kit
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These forms are essential to anyone leasing or managing commercial real estate. Get all 12 forms in one package, all in Microsoft Word format so that you can customize and modify the forms as often as necessary.
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This form is included in the
Landlord/Tenant (Commercial) Kit - Deluxe Edition
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Get all the forms in our Landlord/Tenant (Commercial) Kit, along with The AllBusiness Practical Guide to Office Leases. The Guide would cost $49 if purchased alone but if you buy it as part of the Deluxe Landlord/Tenant (Commercial) Kit, you save an extra $20.
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