This office lease clause states that in the event the tenant becomes a debtor under Chapter 7 of the federal Bankruptcy Code and the Trustee of the tenant's property or the tenant elects to assume the lease for the purpose of assigning the same or otherwise, such election and assignment may only be made if all of the terms and conditions are satisfied. If such Trustee shall fail to elect or assume the lease within sixty (60) days after the filing of the petition, the lease shall be deemed to have been rejected.
Oregon Landlord Bankruptcy Clause
Category:
State:
Multi-State
Control #:
US-OL28042
Format:
Word;
PDF
Instant download
Description
Free preview
How to fill out Landlord Bankruptcy Clause?
You may spend hrs on the Internet trying to find the legitimate file template that meets the federal and state demands you will need. US Legal Forms offers a huge number of legitimate kinds which are reviewed by professionals. It is simple to obtain or printing the Oregon Landlord Bankruptcy Clause from the support.
If you already have a US Legal Forms bank account, it is possible to log in and click on the Down load key. After that, it is possible to full, edit, printing, or sign the Oregon Landlord Bankruptcy Clause. Every legitimate file template you buy is yours permanently. To obtain an additional copy associated with a obtained type, go to the My Forms tab and click on the corresponding key.
Should you use the US Legal Forms internet site the first time, adhere to the simple instructions under:
- Initial, ensure that you have chosen the proper file template for the area/area of your choosing. Read the type outline to ensure you have picked out the right type. If readily available, use the Preview key to appear from the file template at the same time.
- If you wish to locate an additional variation of the type, use the Research area to obtain the template that meets your requirements and demands.
- Upon having discovered the template you desire, click Buy now to proceed.
- Select the rates prepare you desire, type your qualifications, and sign up for a free account on US Legal Forms.
- Comprehensive the financial transaction. You should use your bank card or PayPal bank account to purchase the legitimate type.
- Select the formatting of the file and obtain it in your system.
- Make alterations in your file if required. You may full, edit and sign and printing Oregon Landlord Bankruptcy Clause.
Down load and printing a huge number of file themes while using US Legal Forms site, that offers the greatest assortment of legitimate kinds. Use specialist and status-distinct themes to take on your small business or specific requirements.
Form popularity
FAQ
In most cases you will not lose your home or car during your bankruptcy case as long as your equity in the property is fully exempt. (see Oregon bankruptcy exemptions) Even if your property is not fully exempt, you will be able to keep it, if you pay its non-exempt value to creditors in chapter 13.
SB 608 limits the percentage in which a landlord may increase the cost of rent in any 12-month period. The limitation only applies if the dwelling unit has been certified for occupancy for 15 years or longer.
Starting March 29, 2023, the key changes to Oregon's eviction laws include: Termination Notices for nonpayment of rent must now give at least 10 days to pay. Renters have the option to pay overdue rent even after an eviction case has started. Landlords are not allowed to refuse to work with rent assistance providers.
The allowable annual rent increase in 2024 is 10.0%. Only one rent increase may be issued in any 12-month period. The allowable rent increase percentage for the previous year, 2023, was 14.6% if the increase was issued before July 6th, or 10.0% if issued after July 6.
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.
Renters who rent month-to-month or have a lease must get at least 10 days' notice before a landlord can evict them for not paying their rent. If a renter pays the full late rent during the 10-day notice period, the landlord cannot file an eviction for unpaid rent.
ORS 90.453 ? Termination by tenant who is victim of domestic violence, sexual assault or stalking.
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.