Welcome to our page featuring a Commercial Lease Agreement Template Oregon. This template is designed to help you seamlessly outline terms and conditions for leasing commercial properties within Oregon. The document can be downloaded, edited, and adapted for your unique business needs, ensuring a comprehensive and legally-compliant agreement. Navigate the complexities of a commercial lease with ease using our ready-made template.
COMMERCIAL LEASE AGREEMENT
THIS LEASE AGREEMENT (“Lease”) made and entered into this [Insert Date], by and between [Insert Landlord’s Full Legal Name or Business Name], a [Insert Legal Structure – Individual, Corporation, LLC], of [Insert Full Address] (“Landlord”), and [Insert Tenant’s Full Legal Name or Business Name], a [Insert Legal Structure – Individual, Corporation, LLC], of [Insert Full Address] (“Tenant”).
1. PREMISES
[Insert Full Description of the Premises]
2. TERM
The initial term of this Lease will begin on [Insert Starting Date], and will end on [Insert Ending Date]. Thereafter, the Lease will continue on a month-to-month basis until either Landlord or Tenant terminate this Lease with written notice.
3. RENT
[Insert Amount] per month, payable on the 1st day of each calendar month.
4. SECURITY DEPOSIT
Upon the due execution of this Lease, Tenant will deposit with Landlord the sum of [Insert Amount].
5. USE OF PREMISES
The premises will be used for [Specify Use].
6. REPAIR AND MAINTENANCE
Tenant will, at its sole expense, keep and maintain the Premises and appurtenances in good and sanitary condition and repair.
7. INSURANCE
[Specify Insurance Requirements]
8. DEFAULT
If Tenant fails to comply with any of the material provisions of this Lease, or of any present rules and regulations governing the Premises, Landlord may serve a written notice of such breach upon Tenant.
9. ASSIGNMENT AND SUBLETTING
Tenant shall not sublet the Premises or any part thereof, or assign this Lease, without obtaining the prior written consent of the Landlord.
10. GOVERNING LAW
This Lease shall be governed by and construed in accordance with the laws of the state of Oregon.
11. ENTIRE AGREEMENT
This Lease contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Lease.
12. AMENDMENT
This Lease may be modified or amended in writing, if the writing is signed by the party obligated under the amendment.
SIGNATURES
Landlord: ____________________________________ Date: _______________
[Insert Full Legal Name or Business Name]
Tenant: ____________________________________ Date: _______________
[Insert Full Legal Name or Business Name]
This Lease is not intended to and does not create any partnership, joint venture, or other joint relationship, and none of the parties shall have the power to bind the others without their consent. Nothing in this Lease is intended to create any rights in any third party.
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If you’re delving into real estate in Oregon, the Commercial Lease Agreement Template Oregon may come in handy, and it’s just as valuable as the Contract for Deed Template Oregon.
The convenience doesn’t stop there; it’s also worthwhile to explore the Contract for Rental Property Oregon when dealing with rental properties.
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