OAR 738-015-0035
Sale of Improvements, Assignment of Commercial Leases, Subleases

(1)

The Department shall not allow assignment of any lease for commercial aeronautical activity.

(2)

If Lessee desires to sell the improvements, the Department shall consider entering into a new lease with the buyer of the improvements.

(a)

The prospective Lessee (the buyer of the improvements) must meet all requirements imposed on any lessee under the terms of a lease with the Department for commercial aeronautical activity at a State-owned airport.

(b)

If the prospective Lessee (the buyer of the improvements) qualifies to obtain a lease, the Department shall offer a lease with the terms, conditions and rates then in effect. The term of the new lease shall be determined by the Department, consistent with OAR 738-015-0005 (Leasing Application for Commercial Aeronautical Activities) through 738-015-0015 (ODA Review of Application for Commercial Aeronautical Lease).

(3)

The original Lessee’s lease shall remain in full force and effect until the Department and the new Lessee (the buyer of the improvements) have entered into a new lease. The original Lessee must comply with all terms and conditions of the lease until the new lease is executed and in effect.

(4)

Upon execution of the new lease, the original lease is automatically terminated by mutual agreement of the parties.

(5)

Subleasing of a commercial aeronautical activity lease is allowed with prior written approval by the Department.

Source: Rule 738-015-0035 — Sale of Improvements, Assignment of Commercial Leases, Subleases, https://secure.sos.state.or.us/oard/view.action?ruleNumber=738-015-0035.

738‑015‑0005
Leasing Application for Commercial Aeronautical Activities 738‑015‑0010
Commercial Aeronautical Lease Applicant’s Financial Responsibility and Experience 738‑015‑0015
ODA Review of Application for Commercial Aeronautical Lease 738‑015‑0020
Commercial Aeronautical Lease Provisions 738‑015‑0025
Commercial Aeronautical Lease Renewal Options 738‑015‑0030
Termination of Commercial Aeronautical Lease for Default or Airport Development 738‑015‑0035
Sale of Improvements, Assignment of Commercial Leases, Subleases 738‑015‑0040
Commercial Lease Insurance Requirements 738‑015‑0045
Exclusive Rights 738‑015‑0050
Competitive Proposal Process for Commercial Aeronautical Activity 738‑015‑0055
Access Permits 738‑015‑0060
Leasing Application for Non-Commercial Aeronautical Activities 738‑015‑0065
Hangar Occupancy Under Leases for Noncommercial Aeronautical Activity 738‑015‑0070
Non-Commercial Aeronautical Lease Applicant’s Financial Responsibility 738‑015‑0075
ODA Review of Application for Non-Commercial Aeronautical Activities 738‑015‑0080
Non-Commercial Aeronautical Lease Provisions 738‑015‑0085
Non-Commercial Aeronautical Lease Renewal Options 738‑015‑0090
Termination of Non-Commercial Aeronautical Lease for Default or Airport Development 738‑015‑0095
Sale of Improvements, Assignment of Non-Commercial Leases, Subleases 738‑015‑0100
Non-Commercial Lease Insurance Requirements

Last Updated

Jun. 8, 2021

Rule 738-015-0035’s source at or.us

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Location: https://oregon.public.law/rules/oar_738-015-0035

Original Source: Rule 738-015-0035 — Sale of Improvements, Assignment of Commercial Leases, Subleases, https://secure.sos.state.or.us/oard/view.action?ruleNumber=738-015-0035 (last accessed Jun. 8, 2021).