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Disadvantages of residential lease renewal

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What are some advantages and disadvantages of a Residential Lease Renewal for the A) Tenant and B) Landlord/Manager. For the sake of this example let's say the tenant is a long-term stable high-grade tenant and the building deferred maintenance, service requests and improvements (repairs, alterations, or redecorating) can be given a below average grade and have in-fact been declining since the tenant moved in.

Reference no: EM133047423

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