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50 Option to Extend Lease Letter

option to extend lease term sample clauses law insider new list option to extend lease term a tenant may at tenants option extend the initial term of this lease for one 1 additional period of two 2 years the renewal term subject to all the provisions of this lease the renewal term shall mence at the expiration of the initial term and shall terminate on the second 2nd notice of exercise of lease option template – word & pdf document description object notice of exercise of lease option dear [contact name] i elect to exercise the option to [renew or extend] the lease agreement as provided in section [specify] of our lease agreement dated [date] for an additional period of [number] years mencing on [date] and terminating on [date] tenant s notice exercising option to renew lease sign in tenants may use this accessible form letter template to notify their landlord of their intention to exercise the option to extend their rental property lease according to the terms in the original lease document letter to landlord to extend a lease free legal documents to extend a lease time to negotiate if you write a letter to landlord to extend a lease you are ing from a position of strength rather than a mere formality as required by your lease you can use this as an opportunity to improve your terms letter of notice to exercise lease option legal forms under the terms of said lease we have the option to extend or renew said lease for a term of years mencing on date with year this notice is provided to advise you of our intention to exercise the option to so renew or extend the lease on the terms therein contained

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