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u'nl Josh operated a restaurant in 1Welland. Josh rented the premises from Stefon. The Lease for the restaurant premises included a provision rm the Tenant

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u'nl Josh operated a restaurant in 1Welland. Josh rented the premises from Stefon. The Lease for the restaurant premises included a provision rm the Tenant would complete all maintenance and repairs to the building and allowed the Landlord to complete periodic inspections. If an inspection revealed that any repairs were required the Tenant was required to correct any deciencies within ll days. The initial 5 year term of the Lease expired on September 31!]. The Lease included an option for the Tenant to renew the Lease for an additional 5 year term provided that notice exercising the option to renew was giventoieLandlordbyMayll. On April 1, Stefon completed an inspection and provided a list of deciencies to Josh together widi a notice that all deciencies were to be corrected 'Wl'lill 6D clays. On April llllI Stefon advised Josh that he was listing the property for sale. Josh indicated that he was interested in purchasing the property and asked if the time for completing the repairs could be extended since he might make more extensive renovations if he owned the property. Stefon agreed and said that he would allow Josh to match any offer he received. {in June I, Stefon told Josh that he had received and accepted an o'er to sell the property for $3.llll.llll.ll and that the Buyer required vacant possession. He also delivered notice to Josh terminating the Lease since Josh had breached the Lease by not completing the repairs within ll days. Josh said that: {i} he would commence and complete the reprs within ll days; {ii} he was exercising his right to renew the Lease; {iii} he would match the offer to purchase for $3,!llllldllllllltl. Stef'on said it was too late and that Josh did not have a legal right to do any of those things, nor did Stefon have any n'ther legal obligations to Josh. Josh comes to you for advice. m: Explain in detail the applicable legal principles and provide an analysis of how they apply to the Facts of this case and the positions taken by the parties. What is the likely result of any legal action

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