A provision in a lease granting a tenant the option to lease additional adjacent space after a specified period of time; common in commercial leases.
Related information about expansion option:
- Expansion Option Definition | Investopedia
 An expansion option, unlike typical options which obtain their value from an   underlying security, receives its worth from the flexibility it provides to a company.
 
- expansion option - Financial Dictionary - The Free Dictionary
 A right granted by the landlord to the tenant where the tenant has the option to   add more space to the premises according to the terms of the option,which may ...
 
- About the Library Expansion Option - Symantec
 Jan 1, 2010 ... When you install Backup Exec, support for the first drive in every robotic library is   included. The Library Expansion Option enables support for ...
 
- The Option to Expand/Take Other Projects
 An Example of an Expansion Option ... Time to expiration = Period for which   expansion option applies = 5 ... Considering the Project with Expansion Option ...
 
- Tenant Expansion Option And Right Of First Refusal Addendum For ...
 Product Overview This Lease Addendum is designed to give a fast growing   tenant the right to expand its premises, as well as a right of first refusal for space   that ...
 
- Symantec Backup Exec 2012 Library Expansion Option - Essential ...
 Buy a Symantec Backup Exec 2012 Library Expansion Option - Essential Support   (ren or other Backup Agents & Options at CDW.com.
 
- What Is an Expansion Option?
 An expansion option is a type of investment that can be secured to aid   businesses in taking advantage of expansion opportunities which may arise in   connection ...
 
- Medicaid expansion option would impact tens of thousands in Clark ...
 Oct 22, 2012 ... An expansion of Medicaid in 2014 would offer a healthcare coverage option to   about a third of Clark County's uninsured population.