Anonymous
What does 'Option to renew tenancy agreement for condo rental' mean?
(f) That the Landlord shall on the written request of the Tenant made not less than TWO (02) months before the expiration of the tenancy hereby created and if there shall not at the time of such request be any existing breach or non-observance of any of the agreements and stipulations on the part of the Tenant grant to the Tenant a tenancy of the said premises for a further term of ONE (01) year from the expiration of the tenancy hereby created at the prevailing mark
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I assume you are renting condo?
It's just to say that you are allowed to continue the rent with price negotiation (if any), once the rental contract end or near ending.
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