This office lease agreement fully embodies the terms and conditions of the agreement between the parties for the modification [and extension] of the Lease. Any modification, rescission, termination, extension, or waiver of this agreement or any provision made shall not be valid or enforceable unless it is in a writing signed by all parties.
Keywords: Oregon Commercial Lease Modification Agreement, types, detailed description Oregon Commercial Lease Modification Agreement is a legal document used to make changes or modifications to the terms and conditions of an existing commercial lease in the state of Oregon. This agreement allows the landlord and tenant to negotiate and agree upon revisions to the lease in order to address various circumstances or new requirements that may arise during the tenancy. The agreement typically begins with identifying information such as the names of the landlord and tenant, the property address, and the original lease agreement's execution date. It also outlines the specific modifications to be made and clearly specifies whether the modifications are temporary or permanent. There are several types of Oregon Commercial Lease Modification Agreements tailored to different situations: 1. Rent Modification Agreement: This type of modification agreement addresses changes in the rent amount or payment schedule. It may involve increasing or decreasing the rent and specifying the effective date of the new rent terms. 2. Term Extension Agreement: If the landlord and tenant agree to extend the lease beyond its original expiration date, a term extension agreement is utilized. It outlines the extended lease duration and any associated changes in rent or other terms. 3. Space Modification Agreement: When the leased space needs to be modified or expanded, this agreement is used. It outlines the details of the modifications, including a description of the specific changes, applicable costs, and responsibilities of both parties. 4. Lease Renewal Agreement: This agreement is used when both the landlord and tenant wish to renew the lease at the end of its term. It specifies the new rental terms, any modifications, and the duration of the renewal period. 5. Sublease Modification Agreement: In situations where a tenant wishes to sublease the premises to another party, a sublease modification agreement is employed. It outlines the changes in lease terms, rights, and obligations between the landlord, original tenant, and subtenant. Regardless of the type of Oregon Commercial Lease Modification Agreement being used, it is essential to ensure that both parties thoroughly review the document and understand its implications before signing. It is recommended to seek legal advice to ensure compliance with local laws and to protect the rights and interests of both the landlord and tenant.Keywords: Oregon Commercial Lease Modification Agreement, types, detailed description Oregon Commercial Lease Modification Agreement is a legal document used to make changes or modifications to the terms and conditions of an existing commercial lease in the state of Oregon. This agreement allows the landlord and tenant to negotiate and agree upon revisions to the lease in order to address various circumstances or new requirements that may arise during the tenancy. The agreement typically begins with identifying information such as the names of the landlord and tenant, the property address, and the original lease agreement's execution date. It also outlines the specific modifications to be made and clearly specifies whether the modifications are temporary or permanent. There are several types of Oregon Commercial Lease Modification Agreements tailored to different situations: 1. Rent Modification Agreement: This type of modification agreement addresses changes in the rent amount or payment schedule. It may involve increasing or decreasing the rent and specifying the effective date of the new rent terms. 2. Term Extension Agreement: If the landlord and tenant agree to extend the lease beyond its original expiration date, a term extension agreement is utilized. It outlines the extended lease duration and any associated changes in rent or other terms. 3. Space Modification Agreement: When the leased space needs to be modified or expanded, this agreement is used. It outlines the details of the modifications, including a description of the specific changes, applicable costs, and responsibilities of both parties. 4. Lease Renewal Agreement: This agreement is used when both the landlord and tenant wish to renew the lease at the end of its term. It specifies the new rental terms, any modifications, and the duration of the renewal period. 5. Sublease Modification Agreement: In situations where a tenant wishes to sublease the premises to another party, a sublease modification agreement is employed. It outlines the changes in lease terms, rights, and obligations between the landlord, original tenant, and subtenant. Regardless of the type of Oregon Commercial Lease Modification Agreement being used, it is essential to ensure that both parties thoroughly review the document and understand its implications before signing. It is recommended to seek legal advice to ensure compliance with local laws and to protect the rights and interests of both the landlord and tenant.
