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hi everyone this is Evan Langer with the Langer commercial group and Id like to talk to you in this video about options to extend your lease term if youre a tenant as we all know every tenant has a lease term could be three years could be five years seven years ten years those are most common but theyre also especially as you get into anchor tenants and bigger box tenants and even department stores you can have 20 year leases 2530 Ive even seen 50 and while youre in your primary lease term which is what that initial term is called you have rent thats set and you have increases that said if its 3% a year it goes up 3% every year and during the primary term youre obligated to occupy your premises to pay your rent and to abide by all the other covenants that it says in the lease that the tenant has to abide by on the other side of the coin a landlord is obligated by what the lease requires a landlord to do to make repairs do maintenance provide certain services unless of course yo