Property Management
An NC commercial tenant who exercises their option to renew must typically provide written notice by a specified deadline because:
AThe option automatically renews
BFailure to timely exercise the option may cause it to expire and void the tenant's right to renew✓ Correct
CThe landlord must renew regardless of notice
DThe NCREC tracks renewal notices
Explanation
Renewal options are typically conditioned on written notice within a specified window (e.g.
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