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Replace Cross Out Option from the Lease Application (Commercial)

Replace Cross Out Option from the Lease Application (Commercial) and eSign it in minutes

Aug 6th, 2022

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How to Replace Cross Out Option from the Lease Application (Commercial)

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a commercial lease application gives a landlord the ability to examine a potential tenants creditworthiness before entering into a commercial lease agreement the lease application will allow the landlord to verify the details of a tenant applicants business including but not limited to gross income and expenses bank balances rental history and personal guarantees performing a business credit check landlords can charge a fee for conducting business credit checks which normally range between 50 and 200 dollars the following steps should be taken when performing a business credit check obtain the rental application obtain a completed commercial rental application from the prospective tenant verify business with the state research the business on your states Secretary of State or equivalent website to ensure the business is in good standing obtain the businesses paid x-score third-party services like experience will provide a paydex score of 1 to 100 measurin

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do I break my lease without penalty in Oregon?

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.

What is the law for early lease termination in Oregon?

To end a month-to-month tenancy during the first year of the tenancy, you must give your tenant a 30-day written notice, unless the rental unit is in the city of Portland, where 90 days notice and payment of relocation costs is required for no-cause terminations.

How much can a commercial landlord raise rent in Oregon?

Rent cannot be increased during any 12-month period above the existing rent in an amount greater than 7% plus the consumer price index from the previous calendar year.

How much can commercial rent increase in California?

Effective January 1, 2020, the State of California enacted a statewide rent control law, referred to as the California Tenant Protection Act of 2019 or Assembly Bill 1482 (AB 1482). AB 1482: Limits annual rent increases to no more than 5% + local CPI or 10% whichever is lower.

How do I get out of a commercial lease in Oregon?

Except as otherwise provided by statute or agreement, such tenancy may only be terminated by either the landlord or tenant giving the other, at any time during the tenancy, not less than 30 days notice in writing prior to the date designated in the notice for the termination of the tenancy.

How do you break a commercial lease in Oregon?

The lease will spell out the rights of both parties to end a lease agreement by expiration, termination with advance notice from either party, or eviction. Similar to the lease term, early termination is not regulated by Oregon law and is often settled by both parties through negotiation.

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