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Oregon Commercial Lease Agreement

An Oregon commercial lease agreement is a legally binding contract between a landlord and a business entity. This agreement allows businesses to utilize commercial spaces such as offices, retail stores, and industrial sites in exchange for rent. Before entering into a lease agreement, landlords typically evaluate the tenant’s business practices and credit history.

Oregon Commercial Lease Agreement

Oregon Commercial Lease Agreement

Rental Laws

The rental laws governing commercial leases in Oregon are outlined in Title 8, Chapter 72A of the 2021 Oregon Revised Statutes. These laws establish the legal framework for commercial leasing in the state, ensuring both landlords and tenants understand their rights and obligations.

Consumer Protection Laws

Consumer protection laws relevant to commercial leases are specified in ORS § 72A.1040. These laws aim to safeguard the rights of consumers in commercial transactions, including lease agreements, ensuring fair practices are upheld.

Jurisdiction

According to ORS § 72A.1060, any choice of law clause in a lease agreement is not enforceable if it originates from a jurisdiction other than where the lessee resides. This stipulation means that the laws of the state where the tenant lives will govern the lease agreement, providing clarity on legal jurisdiction.

It is recommended that landlords conduct a search to verify the status of the business entity seeking to lease commercial space. This step helps ensure that the tenant is a legitimate and registered business, thereby reducing potential risks for the landlord.

Statutes

  • ORS § 90.300 – Security deposits; prepaid rent
  • ORS § 90.220 – Terms and conditions of rental agreement; smoking policy; rent obligation, increases and payment
  • ORS § 90.260 – Late rent payment charge or fee; restrictions; calculation
  • ORS § 90.302 – Fees allowed for certain landlord expenses; accounting not required; fees for noncompliance with written rules; tenant remedies
  • ORS § 90.365 – Failure of landlord to supply essential services; remedies
  • ORS § 90.368 – Repair of minor habitability defect
  • ORS § 90.255 – Attorney fees
  • ORS § 90.410 – Effect of tenant failure to give notice of absence; absence; abandonment
  • ORS § 90.453 – Release of victim from tenancy; victim verification statement
  • ORS § 90.459 – Change of locks at request of victim
  • ORS § 90.385 – Retaliatory conduct by landlord; tenant remedies and defenses; action for possession in certain cases
  • ORS § 90.228 – Notice of location in 100-year flood plain
  • ORS § 90.396 – Acts or omissions justifying termination 24 hours after notice
  • ORS § 90.398 – Termination of tenancy for drug or alcohol violations
  • ORS § 90.392 – Termination of tenancy for cause; tenant right to cure violation
  • ORS § 90.394 – Termination of tenancy for failure to pay rent
  • ORS § 90.427 – Termination of tenancy without tenant cause; effect of termination notice
  • ORS § 91.060 – Tenancy from year to year
  • ORS § 91.070 – Tenancy from month to month
  • ORS § 91.080 – Termination when expiration of tenancy fixed by terms of lease

FAQs

An Oregon commercial lease agreement is a legally binding contract between a landlord and a business entity that allows businesses to use commercial spaces, such as offices, retail stores, and industrial sites, in exchange for rent.

Landlords in Oregon typically assess the tenant’s business practices and credit history to ensure the tenant is financially stable and capable of fulfilling the lease obligations.

Landlords should conduct an Oregon Business Entity Search to verify the status of the business entity before entering into a lease agreement.

The key rental laws governing commercial leases in Oregon are outlined in Title 8, Chapter 72A of the 2021 Oregon Revised Statutes.

Consumer protection laws relevant to commercial leases in Oregon include ORS § 72A.1040, which provides guidelines to protect the rights of consumers in commercial transactions.

According to ORS § 72A.1060, a choice of law in a lease agreement is not enforceable if it is from a jurisdiction other than where the lessee resides.

You can download an Oregon commercial lease agreement template in PDF or MS Word format, which can be useful for drafting your lease.