Wyoming Commercial Lease Extension

State:
Multi-State
Control #:
US-0172BG
Format:
Word; 
Rich Text
Instant download

Description

This Commercial Lease Extension Agreement will extend an existing Commercial Lease. This extension sets forth the date of the original lease, term of extension and revised rental payments. This Commercial Lease Extension Agreement must be signed by the parties to the original lease.
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FAQ

You may be able to legally move out before the lease term ends in the following situations. You (or Your Child) Are a Victim of Domestic Violence, Sexual Assault, or Stalking. ... You Are Starting Active Military Duty. ... The Rental Unit Is Unsafe or Violates Oregon Health or Safety Codes.

Mutual Consent However, the landlord will have no legal obligation to agree to the surrender, and both parties must negotiate the terms of the surrender. Additionally, in many cases, the tenant must pay the landlord a surrender fee to compensate for breaking the lease agreement.

Non-Renewal of the Lease after the Rental Period Ends ing to Oregon law, the landlord must not evict a tenant or force them to vacate the property without probable cause. As long as the tenant does not commit a violation, they can stay until their lease period ends.

A lease extension refers to a legal agreement that extends the term of an existing lease or rental agreement. The lease extension should name the parties involved, the dates on which the extension begins and ends, and should reference the earlier agreement being extended.

Yes. Subject to satisfying certain criteria, business tenants have a statutory right under the Landlord and Tenant Act 1954 to extend the contractual term of their lease.

If a tenant stays on the premises after a lease expires, and without prior agreement by the landlord, it becomes a holdover tenant and subject to holdover obligations outlined in the lease. Generally, a holdover tenant in Oregon will be charged a significantly increased rent rate and is subject to eviction.

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Wyoming Commercial Lease Extension