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When a tenant signs a lease, they may want the option to extend the lease for a number of years, such as 1+1 yrs, 2+2 yrs, 5+5 yrs, etc. While this is an advantage to the tenant, since they can stay or go as they choose at the end of the initial term, it is no advantage at all for the owner, since he is obligating himself and his property for many years to come.
