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hey everyone excited to be back for this weeks edition of frequently asked questions for commercial real estate in todays video what i want to do is talk about a concept that is extremely pertinent to commercial real estate leasing and that is what exactly is an option to renew now you may be in the process of seeking commercial uh lease opportunities or maybe youre currently in a negotiation and this is a very important topic or or item that you need to negotiate within your lease agreement if you are in fact looking to lease commercial space so before we dive in this video id really appreciate if you can like and subscribe this channel it really helps with youtube algorithm and ensures more and more people can hear this message and learn about the many facets of commercial real estate so now that youve done that go ahead and like and subscribe below lets go ahead and dive right into this episode alright so now you may be thinking what exactly is an option to renew well an opti