by Nicola Mullineux
The following clause (with minor variations) is often found in lease agreements:- "The Tenant shall have the right to renew this Agreement for a period of 1 (one) year on the same terms and conditions, save that the rental shall be agreed to in writing between the Parties.” A clause of this nature seems to provide the tenant with a right to renew the lease agreement, however, the latter part of the clause unequivocally indicates that the tenant has a right to renew on condition that the rental amount is agreed upon, in essence, an agreement to agree.
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