Are you navigating the complexities of rental agreements in Oregon? Our guide is meticulously designed to equip you with the knowledge and strategies to draft legally sound and mutually beneficial contracts.
A rental agreement outlines the terms and conditions between a landlord and tenant for the use of a residential property. In Oregon, these agreements are governed by the Residential Landlord and Tenant Act (ORS 90.100-90.960). Understanding key concepts such as rent payments, lease terms, and tenant rights is crucial.
Concept | Definition |
---|---|
Rent | The periodic payment made by the tenant to the landlord for use of the property |
Lease Term | The duration of the agreement, typically expressed in months or years |
Security Deposit | A refundable sum paid by the tenant to secure the property and cover potential damages |
Creating a comprehensive rental agreement requires a methodical approach.
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