What must be carefully considered before including it in a lease, as it primarily benefits the tenant?

The inclusion of the option to renew in a lease agreement is critical as it primarily benefits the tenant by providing them with the security and flexibility to continue occupying the property beyond the initial lease term. This option allows tenants to extend their lease without the uncertainty of having to negotiate a new lease, move out, or face potential rent increases in a new agreement.

From the tenant's perspective, having the ability to secure a renewal can significantly influence their housing stability, making it easier for them to plan and commit to their living situation. It also often reflects the tenant's satisfaction with the property and willingness to remain if the conditions are favorable.

In contrast, while the other options like termination, purchase, or subletting involves various rights that can also benefit tenants, they may not provide the same level of assurance regarding the logistics of continued occupancy as the option to renew. This is why careful consideration is particularly essential for the option to renew in leases, as it creates a direct advantage for the tenant and influences the overall lease strategy.