Renewal Options and Lapse of Notice

A failure by the tenant to timely deliver valid notice does not always leave the tenant without options. This article examines <I>Greater Park City</I> and the arguments made by the tenant to the court.

17 minute read June 02, 2015 at 12:00 AM
By
David P. Resnick And Emily Mannix-Slobig
Renewal Options and Lapse of Notice

More often than not, commercial lease renewals are reliant on clerical diligence by the tenant. Option notices are commonly required to be delivered in specific formats within designated time periods.

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