An Oregon commercial lease agreement is a legally binding contract between a landlord and a business entity that enables businesses to use commercial spaces like offices, retail stores, and industrial sites in exchange for rent. Landlords typically assess the tenant’s business practices and credit history.
Oregon Business Entity Search: Additionally, the landlord should conduct a search to verify the entity’s status.
Rental Laws: Title 8, Chapter 72A: 2021 Oregon Revised Statutes.
Consumer Protection Laws: ORS § 72A.1040.
Jurisdiction: According to ORS § 72A.1060, the choice of law in a lease is not enforceable if it is from a jurisdiction other than where the lessee resides.