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our question today is how much prior notice should be required in a lease for tenant to exercise their right to renew well it depends right depends on who you are if youre a landlord you want that notice as far out as possible because until they exercise that option to renew you dont know you have you dont know if you have vacant space you can lease or sell or if youre going to have a tenant in there so you want that that notice as far out as possible Id say six months minimum you know year two years depending on the lease and the size of the tenant that sort of thing of course if your tenant you want to short as possible because it gives you leverage it gives you more options so I think that should be a very well thought through a term of your lease and joy and prosper ask Michael Ball is brought to you by the commercial real estate show Florida International University and bull realty commercial brokerage a great place to do business for more information on these companies or to
