Contracts
In Oregon, a commercial lease is typically a:
ADocument regulated by ORLTA like residential leases
BPrivately negotiated contract with few statutory protections✓ Correct
CRequired to be on an OREA-approved form
DSubject to the same security deposit limits as residential tenancies
Explanation
Commercial leases in Oregon are privately negotiated between the parties with relatively few statutory protections compared to residential tenancies. Oregon's ORLTA does not apply to commercial leases.
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