Application For Commercial Lease Without Termination Clause
Description
How to fill out Oregon Commercial Rental Lease Application Questionnaire?
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FAQ
These clauses require that if a tenant breaks the contract, they must pay the entire amount that would be due to the landlord had they completed the lease. When ending a lease early, you will almost always face some form of liability.
Examples of 'make good' provisions include: If a tenant rents the premises as a shell, their 'make good' obligation could involve stripping all fixtures and fittings, removing staircases, and returning the premises to the landlord as a shell (sometimes also referred to as decommissioning obligations)
Subject to the terms and conditions of this Agreement, Landlord and Tenant agree that the Lease shall terminate as of p.m. on [INSERT DATE WHEN LEASE TERMINATES] (the ?Termination Date?) and shall, subject to the terms and conditions hereof, be of no further force or effective as of the Termination Date.
Sample Letter One Dear [Landlord], This letter is my written notice of termination of my current lease agreement. This letter meets the [number of days] notice requirement per the lease. As stated in the lease, the end date of this lease agreement is [month, day, year].
For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.