The landlords claimed the ability to increase rent to fair market value (rent increase dispute in excess of $ 1,000,000 per year for lease extensions for the next ten years). (rmkb.com)
So big landlords, who were always in the business of selling lease extensions, can carry on almost as usual, but under a more advantageous tax regime. (newlawjournal.co.uk)
It isn't clear that without a proper lease extension that the agreement to renew could be enforced. (law.stackexchange.com)