The length of the retail space lease is one year, and during the implied renewal period, the tenant may notify the landlord at any time of termination. If the two parties do not notify each other at the end of the contract period, the tenant will automatically renew same for one more year. It is called an implied renewal of the retail space.

The tenant's right to renew a contract is the right to exercise it for 10 years, and if the contract is renewed, the contract is renewed on the same terms as before. Except in case of late payment of 3 months rent or refusal of owner to renew contract.