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INFOLAWYER
INFOLAWYER, Attorney
Category: Business Law
Satisfied Customers: 55306
Experience:  LICENSED BUSINESS LAWYER
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I SUBLEASED A BUILDING FOR THREE YEARS WITH AN OPTION FOR TWO

Resolved Question:

I SUBLEASED A BUILDING FOR THREE YEARS WITH AN OPTION FOR TWO MORE. THE WORDING WAS THIS -THEREAFTER SUBLEASE SHALL BE EXTENDED TWO ADDITIONAL YEARS AT SUBLEASES OPTION - HE WANTS THE LAST TO YEARS I DON'T. CAN I NOT RENEW THE OPTION
Submitted: 7 years ago.
Category: Business Law
Expert:  INFOLAWYER replied 7 years ago.
Who is he? a co sublessee or the sublessor?
Customer: replied 7 years ago.
sublessee
Expert:  INFOLAWYER replied 7 years ago.
You can choose to not renew. He can renew alone or with someone else as co sub lessee if the sub lessor so consents. But you cannot be forced to renew if you do not want to and to avoid him trying to misrepresent matters you may want to let the sublessor know.   
Customer: replied 7 years ago.
i did't explain right / i am the sublessor - i don't want to give him two more years - he says it's his option not mine
Expert:  INFOLAWYER replied 7 years ago.
I see. It depends then on who the sublease gives the option to. To you or to the sub lessee.    Unless otherwise provided, the option normally belongs to the sub lessee.
Customer: replied 7 years ago.
the option was his / can i not give it to him if it was his option
Expert:  INFOLAWYER replied 7 years ago.
Only if you can negotiate for him to waive it.    
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