The Lease "Option Period" only guarantees the tenant may stay (continue) at the property. It does not guarantee any rent or lease terms will continue.
The Tenant (your former client), needs your call prior to his/her "Notification" period so you can inquire about their need for your services. If they do, sent your "Client Representation & Co-Broker Compensation" document to the Landlord or Property Management company for approval.
If the Landlord or Prop. Mgmt refuses, ask your Client the tenant to compensate you at a % or flat fee..
Even if your fees are protected from the original lease, you still must arrive back on the scene at the appropriate time to secure your position (maybe a new property management Co.) and lend a hand to your client. You knew that though--right?
Mar 4, 2014