Are you searching for residential property in Oregon? Maybe you have found the rental property in Oregon that suits your needs and lifestyle. But right before signing a rental lease agreement, make sure you are knowledgeable of Oregon rental lease agreement.
Read this article to know what is included in the rental agreement Oregon. What are the legal rights and responsibilities of Oregon landlords and tenants? So without further ado, let’s get started!
What Is an Oregon Lease Agreement?
Fundamentally, the Oregon lease agreement is a legal written document that outlines terms and conditions for the tenant and landlord who is willing to lease residential property to potential tenants in exchange for rent.
This Oregon residential agreement enables both parties to come to specific terms over the occupation and use of the rental property. All of the requirements in the Oregon lease agreement comply with the state laws of Oregon.
This Oregon rental housing form legally binds property owners and tenants once they sign the lease agreement. Besides, this written contract ensures that any termination of tenancy, default, and eviction is processed as per state laws.
Before presenting and signing the Oregon residential lease agreement, the landlord requires tenants to fill out the Oregon rental application.
This document asks tenants to provide their personal information, employment history, credit history, background status, etc. The landlord must verify the eligibility of the applicant before leasing residential property.
Oregon Landlord and Tenant Laws
Both landlords and tenants must understand the state laws that enable both parties to deal with legal issues regarding rental property. Below mentioned are the key landlord and tenant laws that you must follow.
Under Oregon state laws, landlords must disclose in Oregon rental lease agreement about the property owner, pending legal actions, insurance of renter, payment of utility bills, etc.
Landlords in Oregon can ask tenants to pay a security deposit. However, the rent of last month’s deposit is considered as security deposit under Oregon state laws. After receiving the security deposit, the landlord should provide the tenant with a receipt.
Under Oregon laws, tenants may sue the landlord to return the security deposit and other damages that account for up to $10,000.
Landlords are entitled to charge tenants for specific events and actions. These include late fees, bounced checks, failure to clean up trash, violation of parking rules, damaging property, etc.
Also, tenants can withhold rental payments in case a landlord fails to maintain repairs of the premise. Moreover, the tenant can give the landlord a 30-day notice period to terminate the tenancy in case the landlord fails to fix the condition within a given period.
Termination of Tenancy
Oregon state laws also regulate the termination and eviction rules of the tenancy. Precisely, tenants with a 1-year lease agreement cannot terminate their tenancy during the first year of occupancy. However, there are some exceptions such as tenants cannot pay rent on time, or they have violated tenancy rules.
Access to Tenant’s Premise
The landlord must provide 24-hours prior notice before entering the tenant’s premises in non-emergency situations.
Oregon Lease Disclosures & Addendums
Oregon residential lease agreement must include following disclosures and addendums.
Flood Plain Disclosure
Landlords must disclose information to tenants about rental property whose lowest floor is below the 100-year flood plain. This disclosure should also be provided for dwelling units that are located above the flood plain.
Lead-Based Paint Disclosure
This disclosure applies to all dwelling units that were built before 1978. Under US federal law, landlords must disclose information in Oregon rental lease agreement about anticipated risks of lead-based paints.
Optional Disclosures & Addendums
Some other disclosures and addendums are optional to Oregon rental agreements. Of note, these disclosures are not required by state laws in Oregon. However, landlords and tenants can avoid future liabilities via these disclosures.
Name & Address of Landlord
Landlord’s information helps create a line of communication for future demands and legal notices. Therefore, landlords should provide their contact information and another authorized person in the rental lease agreement Oregon.
Landlords should also disclose information to tenants about marijuana use. They should tell tenants where marijuana usage for the non-smoking method is restricted. They should inform about places where tenants can use smoke without interfering with other occupants.
Landlords should provide tenants with a checklist of property damages before they move-in to the rental unit.
Late and Returned Check Fees
Landlords should disclose information about late fees or bounced checks in Oregon rental agreement. Late fees should not exceed more than 10% of the total rent. Landlords can charge tenants for late fees only when the rent date is due, as mentioned in the lease.
Shared Utilities Arrangements
Landlords should disclose details about shared utilities on rental units. For instance, how the bill will be calculated and shared between both parties.
Bed Bug Disclosure
In order to avoid future conflicts, landlords should inform tenants about the history of infestation on rental property. Moreover, the landlord can also provide information to tenants on a protocol to handle bed bug infestations.
Buildings in Oregon that were built before 1981 are at high risk for asbestos. Thus, the landlord should provide information about the presence of asbestos on rental property.
Furthermore, the current status of mold on the rental unit should also be disclosed in Oregon rental lease agreement. Mold disclosure can prevent the landlord from future liabilities resulting from mold damages due to negligence of tenants.
Oregon rental lease agreement enables both parties to exercise their legal rights over the rental property while avoiding potential issues. After having a thorough knowledge of rental agreement Oregon, you can now lease a property in a legal way in Oregon.
To get Oregon rental agreement forms, visit our website CocoSign now and download great templates. We also provide different types of agreements and their templates.
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