This idea was proposed by Remco, and it's a very good idea. And it does mean what I think it does. It means after 3 years, we have the option to renew *at the same terms* for two more years, or end the lease.
This is better than a 5-year lease as it gives us an out (but not for the landlord) after 3 years, if we so choose that we need it. On 11 October 2012 16:19, Roswyne <rosw...@gmail.com> wrote: > I don't believe that means what you think it does. > > The landlord has already tried to screw us over once. The fact that they > would prefer to phrase it like this makes me think that there's a > significant difference between that and what we asked for. > > Why won't they just write it as a 5 year lease? > > > > On Thu, Oct 11, 2012 at 11:32 AM, Justin Lacko <jus...@takaji.ca> wrote: >> >> >> The lease will be written as a three year lease, with the option to renew >> for an additional two after the initial three years *at the same terms.* >> Meaning in effect we have a five year lease, with the option for *us* to >> leave after three. After three years, the landlord can't renegotiate the >> terms. >> > > > _______________________________________________ > SkullSpace Discuss Mailing List > Help: http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss > Archive: https://groups.google.com/group/skullspace-discuss-archive/ _______________________________________________ SkullSpace Discuss Mailing List Help: http://www.skullspace.ca/wiki/index.php/Mailing_List#Discuss Archive: https://groups.google.com/group/skullspace-discuss-archive/