Lease term language legalese

[Eric Littlepage]

I took over managing my property from the property manager who had placed a tenant who is in there currently.  The language in the lease for the lease term simply says: "Lease term:  The initial term of the lease contract begins on 2/22/18 and ends at midnight on 2/28/19.  At the end of this lease period, this lease will automatically renew for another 12 months unless the tenant gives a 30 day written notice of intent to move."

So I have two questions--it sounds like it is up to the tenant only whether the lease will automatically renew, right?  But I would have thought both parties would be able to decide whether they want to renew the lease...

Second, it just says it will automatically renew for another 12 months.  Does this mean it will just renew one time and that after two years a whole new lease would need to be signed?  Or should this mean that it will keep renewing every year in perpetuity?

Sorry if this was a stupid question, I assume this is standard lease language, with standard understanding of what it means...