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- Unlike residential leases, which usually last up to two years, commercial leases in Oregon can span anywhere between 3 to 10 years, making it vital to get them right. (gentle music) (logo whooshing) (bell chiming) Welcome back, Loopers. Its Andrew Chung with DoorLoop. Today were diving into the Oregon commercial lease agreement. If youre a new landlord feeling overwhelmed by the prospect of drafting your first lease agreement, dont worry, weve got you covered. (gentle music) A commercial lease agreement is a legally binding contract between a landlord and a tenants business covering terms for a lease of 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. (gentle music) In a gross lease, tenants pay a monthly rent which the landlord uses to cover insurance, taxes, and common area upkeep. (gentle music) In a triple-net lease, the tenant covers all prope
