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I would opine the the lease renewal option would be legally binding as this is what is considered an "evergreen clause". It automatically renews the lease under the same terms and conditions as the original until one of the parties takes action to terminate it with proper notice. The term of the initial lease agreement was April 2, 2011 to April 1, 2012... But renewal lease terms would replicate that initial lease term exactly until either party gave proper notice to terminate it.
As an aside, in addition to being an attorney, I have also been a landlord for over 26 years...