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Closing Statements
Oregon Landlord Tenant Closing Statement to Reconcile Security Deposit

Oregon Security Deposit Without Lease

Name: Oregon Security Deposit Without Lease
Brand: US Legal Forms
Rating: 4.67 (415 reviews)

Category:

Oregon Landlord Tenant - Residential Leases - Closing Statements

State:

Oregon

Control #:

OR-9000LT

Format:

Instant download

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Description Or Tenant Deposit

This is a Landlord Tenant Closing Statement - Reconcile Security Deposit, where the landlord records the deposits and credits, less deductions from the credits or security deposit for delivery to the tenant. It is used to document for the benefit of both parties the monies held by the landlord and due to the landlord.

A security deposit is a payment required by a landlord from a tenant to cover the expenses of any repairs of damages to the premises greater than normal "wear and tear." Everyday usage is normal wear and tear, but excess damage is a debated definition. A security deposit is not the same as rent. It is money that actually belongs to the tenant but is held by the landlord for tenant-caused damages and sometimes past-due rent. Without the agreement of the landlord, a security deposit may not legally be used as the last month's rent.

Laws vary by state, but some states place a limit on the amount of a security deposit that a landlord may charge. Some states also regulate where residential security deposits must be kept and when interest payments on the security deposits must be made to the tenant. State laws also define the time period after the tenant vacates within which the deposit must be returned to the tenant.

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Oregon Landlord Security Form Rating

4.67

Satisfied(415)

Statement Security Deposit Form popularity

Landlord Tenant Security Other Form Names

Or Closing Statement Or Landlord Deposit Oregon Landlord Deposit Oregon Landlord Tenant Oregon Tenant Closing Oregon Tenant Deposit Oregon Tenant Reconcile

FAQ

Nonrefundable fees must be identified as such in a written rental agreement. If landlords fail to provide a written agreement, tenants are entitled to the return of the fee. If the written agreement does not specify that the fee is refundable, it must be treated as a refundable deposit.

Oregon landlords can charge any amount as a security deposit as long as it is listed in the lease agreement. The landlord must provide a receipt that states the amount of the deposit in addition to notice in the lease.

Landlords in Oregon can keep all or a portion of a tenant's security deposit for unpaid rent, damage in excess of normal wear and tear, and other breaches of a lease agreement. Rental agreements must specifically state which deductions can be taken from a security deposit.

Unless the tenant and landlord agree otherwise, the tenant may not require the landlord to apply a last month's rent deposit to rent due for any period other than the last month of the tenancy. A last month's rent deposit does not limit the amount of rent charged unless a written rental agreement provides otherwise.

If the money was intended to be a tenancy deposit, it belongs to you and should be returned to you once the tenancy has ended. The fact that you haven't signed the contract could mean that you're entitled to the money back.

Interesting Questions

More info

What is the maximum allowable security deposit? The landlord shall hold a security deposit or prepaid rent for the tenant who is a party to the rental agreement.Every landlord will want to collect a security deposit before handing over the keys to a rental property. Rental housing code standards program information for landlords and tenants. Landlord and Tenant Resources, Oregon State Bar Landlord and Tenant Resources, FAQs. Open bankruptcy, money owed to prior landlord (not from the Protected Period) with no agreement to pay automatic denial. Prior Rental History All deposits are refundable. In Oregon, there is no such thing as a "non-refundable deposit.

Oregon Security Deposit Without Lease

Description Or Tenant Deposit

Landlord Tenant Deposit Related forms

How to fill out Oregon Security Deposit Without Lease?

Show more info

Oregon Landlord Security Form Rating

Statement Security Deposit Form popularity

Landlord Tenant Security Other Form Names

FAQ

Can I get my security deposit back if I never signed a lease Washington?

Can a landlord charge first last and security deposit in Oregon 2020?

Can security deposit be used for unpaid rent in Oregon?

Can landlords charge first last and deposit in Oregon?

Can I get my deposit back if I haven't signed a tenancy agreement?

Interesting Questions

What is a security deposit?

Is a lease required to have a security deposit in Oregon?

How much can a landlord charge for a security deposit in Oregon?

Can a landlord use a security deposit as the last month's rent?

Is the landlord required to provide a receipt for the security deposit?

Can a landlord charge non-refundable fees in addition to a security deposit?

When should the security deposit be returned to the tenant?

Can a landlord deduct from the security deposit for normal wear and tear?

What happens if the landlord doesn't return the security deposit on time?

Can a tenant dispute deductions from the security deposit?

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Oregon Security Deposit Without Lease

Description Or Tenant Deposit

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How to fill out Oregon Security Deposit Without Lease?

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