Readers of our book, Negotiating Commercial Leases & Renewals FOR DUMMIES, will learn (in part) that many lease renewal myths exist. Considering that the average restaurant tenant only negotiates a couple of leases in their lifetime (and sometimes with the same landlord), it's easy to understand how leasing myths can persist. Occasionally, these myths are created and propagated by the landlord, but also by real estate professionals looking to serve their own interests.
Here are a few myths to beware of: