Uncover the hidden details within lease contracts, such as the window of opportunity for exercising your option. Discover the typical timeframes, ranging from six to nine months or nine to 12 months, where written notice can be given. Dive deeper into the negotiation process, exploring the concepts of fair market rent and pre-negotiated terms. But what if negotiations turn sour? Unveil the intriguing mechanism of arbitration, a rare gem hidden within lease options. Explore the fascinating concept of baseball arbitration, where both landlord and tenant propose their desired fair market value.