Oregon Landlord Tenant Commercial Package - Deluxe
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FAQ
Percentage leases are most often used with retail tenants. Multi-tenant retail properties, such as malls and shopping centers, use this type of lease because it benefits both parties involved.
Generally speaking, these are the two notice requirements needed, depending on the type of lease: Yearly Leases with No End Date: At least 60 days of notice. Monthly Leases: At least 30 days of notice. Breaking a Lease in Oregon - A Comprehensive Guide - DoorLoop doorloop.com ? laws ? breaking-a-lease-in-... doorloop.com ? laws ? breaking-a-lease-in-...
The base rent for a triple-net lease is often a lower cost due to the fact that the tenant is responsible for all the associated charges of the property. Triple-net leases are one of the most common types of commercial leases.
The long-term agreement should really be done on a case-by-case basis. In summary, it seems that a one year lease may be the best for landlords in that it provides some stability and minimizes turnover, but gives both tenants and landlords a chance to re-evaluate things each year.
The triple net lease (NNN) passes the costs of structural maintenance and repairs to the tenant in addition to rent, property taxes, and insurance premiums. Since additional expenses are passed on to the tenant, the landlord commonly charges a lower rent.
The rental property must be safe and sanitary and be maintained throughout the rental period. If repairs are necessary for safety or sanitation, the landlord must make such repairs without cost to the tenant. The condition for repair cannot be from tenant neglect or a deliberate act. Landlord- Tenant Rights - Oregon State Legislature oregonlegislature.gov ? lpro ? Publications oregonlegislature.gov ? lpro ? Publications
Slandering, libel, or otherwise sharing false information or maligning a tenant. Threatening eviction when there are no legal grounds for the eviction. Issuing an eviction or 72 hour notice on false charges. Tenant Protection Ordinance - Portland Tenants United pdxtu.org ? tpo pdxtu.org ? tpo
Triple Net Lease Arguably the favorite among commercial landlords, the triple net lease, or ?NNN? lease makes the tenant responsible for the majority of costs, including the base rent, property taxes, insurance, utilities and maintenance. Comprehensive Breakdown of Commercial Lease Types - Reonomy reonomy.com ? blog ? post ? commercial-le... reonomy.com ? blog ? post ? commercial-le...