Option to Renew Leases

This Option to Renew Lease is between a landlord and tenant who desire to continue a lease at the end of its expiration. This Option to Renew is particularly vital to those who live in highly desirable areas where housing is at a premium. Having a written Option to Renew Lease will be valuable in the event there are disagreements or misunderstandings between the parties when the lease expires. (continued ...)