Skip to main content
DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Qureshi v. Fiske Capital Management, Inc., 59 Mass. App. Ct. 463 (2003)

Citation
Qureshi v. Fiske Capital Management, Inc., 59 Mass. App. Ct. 463 (2003)
Parent Document
Qureshi v. Fiske Capital Management, Inc., 59 Mass. App. Ct. 463 (2003)
Jurisdiction
Massachusetts (state)
Effective Date
2003-09-30

Other Sections in This Document (22)

Full Text

926 chars
An option to renew is not the same as an option to extend. An option to extend entitles the optionee to extend the lease on the terms and conditions of the original lease subject, frequently, to a provision for adjusted rents. Exercise of the option to extend automatically continues the old lease without the necessity of executing a new lease. An option to renew contemplates the execution of a new lease, a process which may introduce new terms and conditions on which the parties must agree or there will be no new lease. See HLM Realty Corp. v. Morreale, 394 Mass. 714, 715-716 (1985); Ingram v. Sonitrol Security Sys. of Worcester, Inc., 11 Mass. App. Ct. 754, 756-757 (1981); Anderson v. Lissandri, 19 Mass. App. Ct. 191, 194-195 (1985). See also Schwartz, Lease Drafting in Massachusetts, §§ 5.4.1 — 5.4.5 (Bloom & Glazer rev. ed. 2001). An option to extend is much stronger medicine so far as the tenant is concerned.