Home > Legal > Legal > Rent and Lease Template > Oregon Rent and Lease Template > Oregon Commercial Lease Agreement Sample

Oregon Commercial Lease Agreement Sample


Oregon Commercial Lease Agreement Sample
LEASE AGREEMENT Page - 1
G:\recorder\City Council Packets\Packet Files\2005-2006\2005-1220\Dept of Forestry Commercial Lease 1205.doc
COMMERCIAL LEASE
Date: January 1, 2006
Between: City of Ashland ("City"), 20 East Main Street, Ashland, Oregon 97520
And: State of Oregon, by and through the State Forestry Department ("Lessee")
City leases to Lessee and Lessee leases from City the following described property
(the "premises") on the terms and conditions stated below:
Beginning at the southwest corner of the northeast quarter
of Section 14, T 39S, R1 E, Willamette Meridian, City of
Ashland, Jackson County, Oregon; thence north along the
west line of said northeast quarter 354.0 feet to the true
point of beginning; thence, continue north 190.0 feet;
thence east 175.0 feet; thence south 7° 35' each 193.4
feet; thence west 192.0 feet to the true point of beginning,
containing 0.78 acres, more or less.
1. Occupancy
1.1. Term. The term of this lease shall commence January 1, 2006, and shall be
extended from year to year on the same terms and conditions as herein provided unless
written notice is given by either party to terminate this agreement at least 45 days prior to
the proposed termination date.
1.2. Possession. Lessee's right to possession and obligations under the
lease shall commence on January 1, 2006.
2. Rent. Lessee shall pay to City as rent the sum of $1.00 per year. Rent shall be
payable on the first day of each calendar year in advance at such place as may be
designated by City.
3. Use. The premises shall be used for a forest administrative site and for no other
purpose without the consent of City, which consent shall not be withheld unreasonably.
Lessee shall not cause or permit any Hazardous Substance to be spilled, leaked,
disposed of, or otherwise released on or under the premises. Lessee may use or
otherwise handle on the premises only those Hazardous Substances typically used or sold
in the prudent and safe operation of the business specified in section 3. Lessee may store
such Hazardous Substances on the premises only in quantities necessary to satisfy
Lessee's reasonably anticipated needs. Lessee shall comply with all Environmental Laws
Oregon Commercial Lease Agreement Sample
Previous

1/9

Next