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Do you know how to exercise your option to renew your lease?
Mar 16, 2017
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Commercial leases typically are for a fixed initial term of, say, 3 or 5 years, with an “option to renew” period of a further 3 or 5 years. The lease document will note the specific dates within which you must exercise your option to renew the lease. Usually the date range falls within 3 months an...
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