Erase In Legal Oregon Lease Termination Forms For Free

All landlords in Oregon have the legal responsibility to find a new tenant in an effort to "mitigate damages." In other words, if a tenant ends the lease early for any reason, the landlord has a duty to find a replacement instead of sitting back and charging the tenant for all the owed money.

If you have only a verbal rental agreement with your landlord, the landlord may not charge you any fees. Your landlord may charge a fee if you abandon your home during a fixed-term lease without cause. The fee may not exceed one and one-half times the monthly rent.

So you may not have to pay much, if any additional rent, if you break your lease. You need pay only the amount of rent the landlord loses because you moved out early. This is because Oregon requires landlords to take reasonable steps to keep their losses to a minimum?or to "mitigate damages" in legal terms.

I wish to inform you that I will be terminating my lease on [date you plan to terminate]. This letter provides the necessary notice of [required notice] as outlined in the lease. I will move out my belongings and return my keys to [address of property management office] by [date you plan to terminate].

The ?qualifying landlord reasons? for termination are: 1. The landlord intends to demolish the dwelling unit within a reasonable time; 2. The landlord intends to convert the unit to a use other than residential use within a reasonable time; 3.

At any time during the tenancy, the tenant may terminate the tenancy by giving the landlord notice in writing not less than 30 days prior to the date designated in the notice for the termination of the tenancy.