Advantages and pitfalls of the extension option

This option, if adjusted correctly, increases a landlord's chances of a stable rental income and the tenant's chances of securing a longer stay in the selected space.

However, the inclusion of these options in lease agreements also carries its own specificities and risks. While a properly worded option can be beneficial to both parties, inconsistent enforcement can lead to undesirable situations.

More about the details and possibilities offered by the extension option can be found in the article by our partner JUDr. Lukáš Žáček on INFO.CZ.