This office lease provision states that the parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks permitted by law.
Oregon Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant
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FAQ
It helps lower the risk of lawsuits a landlord might face While landlord insurance typically won't cover tenants' belongings if they're stolen, damaged, or destroyed, requiring each tenant to purchase renters insurance can reduce a landlord's legal liability.
Under the new laws, renters have important rights that can help protect from eviction because of nonpayment of rent, fees, or other money owed to a landlord. These new rights include: Termination notices for nonpayment of rent must give at least 10 days for renters to pay the late rent and stay in their homes.
A landlord may require a tenant to obtain and maintain renter's liability insurance in a written rental agreement. The amount of coverage may not exceed $100,000 per occurrence or the customary amount required by landlords for similar properties with similar rents in the same rental market, whichever is greater.
ORS 90.453 ? Termination by tenant who is victim of domestic violence, sexual assault or stalking.
A Landlord may not apply the Tenant Security Deposit to the costs of interior painting of the leased premises, except to repair specific damage caused by the Tenant in excess of ordinary wear and tear, or to repaint walls that were painted by the Tenant without permission.
Slandering, libel, or otherwise sharing false information or maligning a tenant. Threatening eviction when there are no legal grounds for the eviction. Issuing an eviction or 72 hour notice on false charges.
Notices to Terminate the Tenancy To end a month-to-month tenancy during the first year of the tenancy, you must give your tenant a 30-day written notice, unless the rental unit is in the city of Portland, where 90 days' notice and payment of relocation costs is required for no-cause terminations.
State and local laws can vary, but as a landlord, you will generally be responsible for providing your tenants with a ?habitable? dwelling, meaning that basic requirements for human occupancy such as having electricity, running water, a pest-free environment, and secure windows and doors must be met.
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.
Rights and Responsibilities of the Landlord This includes plumbing facilities, water supply, adequate heating facilities, electrical lights, clean building and grounds, and all other areas and facilities properly repaired and working.