Notice of Exercise of Lease Option

About this template:

This particular letter can be a legal document used to assist with the notice of requesting to exercise the lease option of extending as on the original agreement. See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/

Excerpt:

NOTICE OF EXERCISE OF LEASE OPTION I elect to exercise the option to [RENEW OR EXTEND] the lease agreement as provided in Section [SPECIFY] of our Lease agreement dated [DATE] for an additional period of [NUMBER] years commencing on [DATE] and terminating on [DATE]. I will continue to abide by all other terms and conditions of the lease agreement including the provision for payment of rent on a monthly basis. I request that you send me a written reply acknowledging receipt and (non-) acceptance of this renewal notice.

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