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Notice to Lessor Exercising Option to Purchase Missouri Form

Notice to Lessor Exercising Option to Purchase Missouri Form

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good morning tom good morning Cheri today I'm going to talk about options to renew a lease the important thing to remember for both landlords and tenants is that options to renew must be exercised strictly in ance to their lease terms the courts say that it must be clear explicit unambiguous and unequivocal a few examples come to mind in one court case the court looked at whether or not a tenant gave proper notice when renewing their lease and the only issue was whether or not the tenant had exercised the renewal option as it was stipulated in the lease in this particular case the tenant had written to the landlord prior to the deadline giving notice of their intention to renew the landlord wanted the courts to enforce the fact that the tenant had in fact renewed but what happened was that the courts ruled that giving notice of their intention to renew was actually not renewing the courts ruled that the notice was ambiguous and equivocal and therefore dismissed the landlord&

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