L/O Time Line

Could the Pros help out here? What is a typical time line for a L/O to expired (1 year, 2 years or 3 years?

Thanks in advance.

Comments(1)

  • LeaseOptionKing30th September, 2004

    With the T/B, I give them only 12 months (same as a typical Fixed-Term Lease Agreement). With my Seller, I want as long as I can get (12 months with the right to renew for X number of times at my discretion). I'm only bound for one year, but the Seller is bound for two, three, or more.
    [addsig]

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