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What Happened: In seeking to exercise its five-year lease renewal option, retail tenant Intermix did just about everything right. The notice was timely; it was in proper written form; and it clearly stated Intermix’s intent to renew. But the officer who executed the option on Intermix’s behalf made one mistake: Instead of Intermix, he listed its sister company Old Navy in the signature box. So, the landlord concluded that the notice was deficient and sued Intermix for failing to vacate after the original lease expired.
