Renewal Reminder = Waiver of Landlord's Right to Renewal Notice

What Happened: A landlord sent an email to a restaurant tenant with the following message:

Reminder of increase and renewal

I just wanted to remind you that your first five-year lease agreement comes to an end on November 30, 2015. Please confirm that you want to continue with the lease. There is an increase of 3% each year starting in December, 2015 [sic] and the rent will be $4326 a month.

Full Article Access:

Full access to complete articles from Commercial Lease Law Insider is for subscribers only.

Not yet ready to subscribe?

Topics