Property Management
A West Virginia commercial property manager who wants to renew a tenant's lease should begin renewal negotiations:
AThe day before the lease expires
BWell in advance (typically 6–12 months before expiration) to allow time for negotiation and to avoid vacancy gaps✓ Correct
COnly after the tenant requests renewal
D60 days before expiration as required by WV commercial lease law
Explanation
Proactive lease renewal negotiations, typically beginning 6–12 months before expiration for commercial properties, help avoid costly vacancies, give time for tenant improvements, and allow orderly re-leasing if a tenant decides not to renew.
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