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Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property - Oregon

Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property - Oregon 2025

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This document is a Notice to Vacate for a non-residential lease, informing the tenant that the landlord does not intend to renew the lease upon its expiration and requests the tenant to vacate the premises by that date.

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How to write a notice of not renewing a lease?

I am writing to inform you that I will not be renewing our lease agreement, which is due to expire on [Lease End Date]. This letter serves as my official notice to you, in ance with the terms stipulated in our lease agreement which requires a [Notice Period, typically 30 or 60 days] notice for non-renewal.

What is an LOI in commercial lease?

An LOI stands for Letter of Intent. In commercial real estate, a Letter of Intent is a preliminary agreement that is negotiated between a tenant and landlord or buyer and seller.

How much notice does a landlord have to give if not renewing a lease in Oregon?

The landlord may end the tenancy (or refuse to renew a fixed-term lease) with a 30-day notice. There is no relocation assistance with these notices under the state law. Tenants who live in the City of Portland may qualify for additional relocation assistance under the Mandatory Renter Relocation Assistance Ordinance.

What is a letter of intent to renew commercial lease?

The letter of intent should include clauses like the length of time of the lease (both initial term and any renewal terms), base and additional rent rates, square footage of the premises, permitted use, exclusive use, security deposit required, repair obligations of both landlord and tenant, any landlords work that

What is an example of a letter of intent to rent?

Dear (Landlord name), My name is (Your name), and Im writing to you to express my interest in the home at (address or property name). I would love to live in this place because (reasons you want to rent the property). I currently am a tenant at (current address) but am ready to move because (reason for moving).

How to write a commercial letter of intent?

How to write a letter of intent for business Write the introduction. Describe the transaction and timeframes. List contingencies. Go through due diligence. Include covenants and other binding agreements. State that the agreement is nonbinding. Include a closing date.

Do you have to tell the landlord youre not renewing your lease?

Its also important to note that renters must notify the landlord of their plan not to renew by the required timeframe stated in the lease agreement. Failing to do so can result in expensive fees, landing in a month-to-month agreement with a higher monthly rent, or extending the lease for another term.

Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property - Oregon 2025

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How to write a notice of not renewing a lease?

What is an LOI in commercial lease?

How much notice does a landlord have to give if not renewing a lease in Oregon?

What is a letter of intent to renew commercial lease?

What is an example of a letter of intent to rent?

People also ask

How to write a commercial letter of intent?

Do you have to tell the landlord youre not renewing your lease?

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Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property - Oregon 2025

Here's how it works

The fastest way to redact Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property - Oregon online

Complete this form in 5 minutes or less

Got questions?

How to write a notice of not renewing a lease?

What is an LOI in commercial lease?

How much notice does a landlord have to give if not renewing a lease in Oregon?

What is a letter of intent to renew commercial lease?

What is an example of a letter of intent to rent?

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People also ask

How to write a commercial letter of intent?

Do you have to tell the landlord youre not renewing your lease?

Related links

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