This form is used by a Landlord to demand payment of overdue rent from a non-residential tenant within 10 days from giving the Notice, in accordance with the laws of your state. (Note: If a written agreement provides for a longer notice, use the notice length stated in the agreement). "Non-Residential" includes commercial, industrial, etc. property. If the Tenant fails to pay within 10 days, the lease may be considered terminated by the Landlord. The Tenant is informed that the Tenant must either pay the rent or suffer possible termination. If he does not pay, the Landlord may begin eviction proceedings. If the Landlord does not elect to proceed with termination or eviction, but instead agrees to accept rent after the termination date stated in the Notice, the lease is generally reinstated.
The Eugene Oregon 10 Day Notice to Pay Rent or Lease Terminated for Nonresidential Property is a legal document used by landlords or property owners in the city of Eugene, Oregon to address nonpayment of rent or violation of lease terms in nonresidential properties. This notice serves as a warning to the tenant, giving them a grace period of 10 days to rectify the situation by paying the overdue rent or fixing the lease violation, failing which the lease agreement will be terminated. There are two primary types of Eugene Oregon 10 Day Notice to Pay Rent or Lease Terminated for Nonresidential Property: 1. Notice to Pay Rent: This notice is issued when the tenant fails to pay the rent within the specified timeframe. Landlords are legally entitled to demand payment and provide a 10-day grace period for tenants to make the payment. 2. Notice to Lease Terminated for Noncompliance: This notice is issued when the tenant violates terms and conditions of the lease agreement other than nonpayment of rent. Noncompliance can include actions such as causing property damage, illegal activities on the premises, unauthorized alterations, or any breach of lease terms that affect the nonresidential property. The Eugene Oregon 10 Day Notice to Pay Rent or Lease Terminated for Nonresidential Property should include the following essential information: 1. Landlord's/Property Owner's Information: Name, address, and contact details of the landlord or property owner initiating the notice. 2. Tenant's Information: Name, address, and contact details of the tenant who has failed to pay rent or breached lease terms. 3. Description of Noncompliance or Rent Due: A detailed explanation of the noncompliance issue or the amount of rent due and the specific period it covers. 4. Grace Period: The notice should clearly state that the tenant has 10 days to remedy the situation by paying the overdue rent or rectifying the noncompliance issue. 5. Method of Payment: Specify how the tenant should make the rent payment, whether it should be made in person, via mail, or electronically. 6. Consequences of Noncompliance: Inform the tenant that failure to comply with the notice within the given timeframe will result in the lease agreement being terminated. 7. Termination Date and Eviction: State the date when the lease will be terminated and that eviction proceedings may commence if necessary. It is crucial to review and comply with the specific laws and regulations regarding notices to pay rent or lease termination for nonresidential properties in Eugene, Oregon. Seeking legal advice or consulting local ordinances can provide further guidance to ensure adherence to the correct procedures.
