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Amendment of Lease Package Oregon Form

Amendment of Lease Package Oregon Form

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unlike residential leases which usually last up to two years commercial leases in Oregon can span anywhere between three to ten years making it vital to get them right [Music] welcome back Loopers it's Andrew Chung with door Loop today we're diving into the Oregon commercial lease agreement if you're a new landlord feeling overwhelmed by the prospect of drafting your first lease agreement don't worry we've got you covered [Music] a commercial lease agreement is a legally binding contract between a landlord and attendance business covering terms for lease and Commercial spaces like offices retail buildings or warehouses there are three main types of commercial lease agreements gross lease triple net lease and modified gross lease [Music] in a gross lease tenants pay a monthly rent which the landlord uses to cover Insurance taxes and common area upkeep [Music] in a triple net lease the tenant covers all property costs usually paying on Lower monthl

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