Affix Digital Signature Free Oregon Rental Lease Agreement For Free

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.

What is classed as a short lease property? A short lease property is usually any lease with 70 years or fewer remaining. The shorter the lease on a property, the less it becomes worth. However, in some cases, properties with leases of five years or less remaining are still sold.

term or vacation rental agreement is a lease that is made between a landlord and tenant that is generally under 30 days. The agreement is most common for higherend properties to outline the exact terms and conditions of the rental period.

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An Oregon month-to-month rental agreement is a lease that does not end unless notice of at least thirty (30) days is sent by either the landlord or tenant. A month-to-month lease continues in perpetuity unless amended or terminated by the landlord or tenant.

Can Tenants End a Lease Early for Any Reason in Oregon? Technically speaking, tenants can end their rental agreement for any reason. However, they may not get legal protection against penalty fees. In other words, those who break their lease without a valid reason may have to keep paying rent until the term expires.