The Oregon Standard Residential Rental Agreement is a legal document that was written to describe the rights and obligations of the tenant and landlord. The standard lease contains the terms of the agreement and usually sets the duration of the agreement. Monthly Lease – Offers more flexibility compared to a fixed-term lease. Either the landlord or the tenant can terminate the contract until they delay one (1) month with a delay. When is the rent due? In the State of Oregon, rent is payable, without request or notification at the time and place agreed to by the parties in the lease agreement. And unless otherwise stated, the rent is due at the beginning of a period of one month or less. Subletting – Acts as a sublease that allows a tenant to continue to lease their rented unit to another tenant. The original tenant retains all responsibility until the end of the lease. Oregon three (3) days in advance to terminate for non-payment of rent, is used by landlords if a tenant fails to pay rent on time. The notification informs the tenant that he has three (3) days to pay the full amount due or leave the premises. In the case of a week-to-week rental contract, the lessor may only issue the termination on the fifth day (5) of the rental period.
For monthly leases and fixed-term leases, the lessor must be up to the eighth (8th). The deposit must not be used for the payment of leasing. The document indicates how much rent the tenant must pay monthly and the amount of the deposit as well as all other costs to be expected. Each rental agreement usually sets out the owner`s rules for parking vehicles, rules for pets and visitors, rules for common areas, and other rules for the premises for which they are responsible. Tenants should read each standard rental agreement carefully to make sure they fully understand the terms of what they are signing. If tenants are unsure of what they are reading in the document, they should seek the advice of a competent lawyer. . . .