Legal Question in Business Law in California

Re: lease renewal demanding option payment

I am unclear regarding the facts. New buyer? What exactly will the $ 52K buy? Contact me directly.

Re: lease renewal demanding option payment

Any landlord, and any tenant, must abide by the terms of the lease agreement. If it says that the terms are to be fully renegotiated 'from scratch' at the end of term, then you have a problem requiring negotiation and persuasion.

If the lease provides for some automatic percentage or computed increase on renewal, then that is what you are entitled to.

I suspect the first option is the case if the landlord is making such 'outrageous' demand. Feel free to contact me to discuss what rights and remedies you have.