Commercial Leases: Options to Renew

Author: Richard J. Olson, Catherine Gibson, and Anthony J. Pappajohn

Richard J. Olson of McKechnie & Company, Catherine Gibson of Davis LLP, and Anthony J. Pappajohn of Jameson Development Corp. discuss the important issues to consider when drafting options to renew, and procedures for exercising the option, determining the rent for the renewal term, and resolving disputes.

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[This paper was prepared for Commercial Leasing: Essential Issues,  a CLEBC course held in May 2008. The full collection of course materials is available online and in print.

 

 

 

 

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