Notice to Exercise Lease Renewal Option (Commercial) Template

Date: [Date]

Sent Via (per Lease Notice Clause): ☐ Certified mail ☐ Overnight courier ☐ Hand delivery ☐ Email (if permitted) ☐ Other: [Method]
Proof/Tracking No. (Optional): [Tracking #]

To (Landlord/Notice Address per Lease):
[Landlord Name]
Attn: [Name/Title]
[Notice Address]
[Email/Phone (if permitted)]

From (Tenant): [Tenant Legal Name]
Attn: [Name/Title]
[Tenant Address]
[Phone] | [Email]

Re: Notice to Exercise Renewal Option — Commercial Lease at [Premises Address/Suite]

Dear [Landlord Name/Title],

1. Lease Reference

1.1 This notice is provided under the commercial lease dated [Lease Date] (the “Lease”) between [Landlord Legal Name] (“Landlord”) and [Tenant Legal Name] (“Tenant”) for the premises located at [Premises Address, Suite/Unit] (the “Premises”).
1.2 Current term expiration date: [Current Term End Date].

2. Exercise of Renewal Option

2.1 Tenant hereby exercises the following renewal option under the Lease (select one):
☐ First renewal option
☐ Second renewal option
☐ Other: [Option name/section reference]

2.2 Renewal Term Length: [__] years/months.
2.3 Renewal Term Start Date: [Start Date].
2.4 Renewal Term End Date: [End Date].

3. Rent During Renewal Term (If Applicable)

3.1 Rent during the renewal term will be determined as follows (select one):
☐ As stated in the Lease: $[Amount] (or schedule)
☐ Per the Lease method (e.g., fair market rent / CPI / appraisal). Please provide next steps and proposed timeline.
☐ Other: [Describe]

4. Confirmation Requested

4.1 Please confirm receipt of this notice and Tenant’s renewal in writing.
4.2 If the Lease requires a renewal amendment or confirmation document, please provide a draft for review.

Sincerely,
[Authorized Signer Name]
[Title]
[Tenant Legal Name]

Signatures

Tenant Authorized Signer: [Name]
Date: [Date]
Signature: ___________________________