Are Lease Renewal Options a Good Idea?

  • October 22, 1999
  • • Written by: Lloyd D. Hanford, Jr.

Fall 1999, Vol 24, No 3

Abstract: Landlords frequently grant lease renewal options to tenants but is this practice wise from the viewpoint of the property owner? Lease renewal options induce a host of complex issues, which would lead to the logical conclusion that, all things being equal, the granting of such options is not a good idea.