68th OREGON LEGISLATIVE ASSEMBLY--1995 Regular Session NOTE: Matter within { + braces and plus signs + } in an amended section is new. Matter within { - braces and minus signs - } is existing law to be omitted. New sections are within { + braces and plus signs + } . LC 3881 Senate Bill 1142 Sponsored by COMMITTEE ON RULES AND ELECTIONS SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor's brief statement of the essential features of the measure as introduced. Sets forth the law governing commercial landlord's and commercial tenant's obligations when tenant seeks to assign or sublease interest in commercial lease. A BILL FOR AN ACT Relating to restrictions on transfer of commercial tenancies. Be It Enacted by the People of the State of Oregon: SECTION 1. { + Section 2 of this Act is added to and made a part of ORS chapter 91. + } SECTION 2. { + (1) As used in this section: (a) 'Commercial landlord' includes a lessor under a lease and a tenant who is a sublandlord under a sublease. (b) 'Commercial tenant' includes a subtenant or assignee. (c) 'Lease' means an agreement for the rental of real property, which is not subject to ORS 90.100 to 90.940. It includes modifications and other agreements affecting the rental agreement and a sublease of the real property. (d) 'Transfer' of a tenant's interest in a lease means an assignment, sublease or other voluntary or involuntary transfer or encumbrance, by operation of law or otherwise, of all or part of a tenant's interest in the lease. (2) Unless a lease, executed after the effective date of this 1995 Act, expressly grants a commercial landlord the sole discretion, or uses words of similar meaning, to withhold consent to a transfer of a commercial tenant's interest in a lease, the commercial landlord may not unreasonably withhold, delay or condition consent to the transfer and is subject to the duty of good faith and fair dealing when considering whether to consent. If a lease expressly grants a commercial landlord the sole discretion, or uses words of similar meaning, to withhold consent to a transfer of a commercial tenant's interest in a lease, then the commercial landlord may arbitrarily withhold consent to a transfer and in so doing shall not have breached any duty of good faith and fair dealing otherwise arising under the lease with respect to such transfer. (3) Whether the commercial landlord's consent has been unreasonably withheld in a particular case is a question of fact on which the commercial tenant has the burden of proof. The commercial tenant may satisfy the burden of proof by showing that, in response to the commercial tenant's written request for a statement of reasons for withholding consent, the commercial landlord has failed, within a reasonable time, to state to the commercial tenant an objection to the transfer. + } ----------