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March 30, 2020

Tag: esther ginsberg

Guest View: Limitation on lease options to renew

Many commercial leases have options to renew in which the tenant has the right to renew the lease for a specified period of time. Most leases state if there is one or several options to renew the lease. A recent California case determined that if a lease is ambiguous as to whether there is one or more options to renew, then the lease will be determine to have only one option to renew.