It is a letter from Tenant to Landlord containing a notice to landlord to withdraw improper rent increase due to violation of rent control ordinance. This notice informs Landlord that improper increase of rent may be unlawful.
It is a letter from Tenant to Landlord containing a notice to landlord to withdraw improper rent increase due to violation of rent control ordinance. This notice informs Landlord that improper increase of rent may be unlawful.
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In a month-to-month tenancy, the landlord need only give a 30 Day Termination Notice without any cause for eviction. If the tenant has lived in the property for more than one year, the notice is 60-days. If the property is being sold to someone who plans to live there as a primary residence, it is 30-days.
Pros of Rent Control Some rental properties can increase 10% each year, making it difficult for someone to remain in that property without getting a significant raise or a job change. Rent control can provide better financial stability for tenants as well.
House Bill 4401 extends the statewide pause on evictions for non-payment until June 30 of 2021. However, renters must fill out and sign a sworn declaration of financial hardship and give it to their landlords for those protections to apply.
On September 17th, the State of Oregon's Office of Economic Analysis debuted the maximum rent increase rate for 2021 to be 9.2%. SB 608 set the maximum rent increase formula to be 7% plus the West Coast Consumer Price Index, which changes every year. For 2020 the maximum increase was 9.9%.
While it seems like an obvious solution to the problem of high rents, rent control actually exacerbates the very cause of the affordability crisis: a lack of housing supply. As a result, rent control often does more harm than good and leaves vulnerable those which it is designed to protect.
If you do not pay the rent within the 72 hours, your landlord may immediately file a court eviction proceeding. In calculating the 7-day period, the day the rent is due counts. For example, if your rent is due on the first of the month, your landlord may give you a 72-hour notice on the eighth of the month.
The tenant must give the landlord notice of their intention to move out within 90 days of the event causing the need to move. The notice must be given to the landlord at least 14 days before the tenant intends to move out.
Pretty much every economist agrees that rent controls are bad.Research on rent control shows that many of the beneficiaries are low-income, and that controlling their rents makes it more likely that they'll stay in their apartments for a good long time.
For 2020, the maximum rent increase is 9.9%. Between tenants, there is no limit to how much the rent can go up (except if a short-term tenant was just evicted from the unit, a provision that discourages a revolving door of tenants for rent increases.)