An Oregon standard residential lease agreement is a formal contract that outlines the legal responsibilities and privileges of both the landlord and tenant in a residential rental scenario. This document typically governs the terms of occupancy for a specified period.
Lease Length Considerations
- Leases can typically be of any duration, provided the term is explicitly defined and mutually agreed upon in writing by both the landlord and tenant. However, oral leases generally cannot exceed a one-year term.
Required Lease Disclosures
- Disclosure of Lead-Based Hazards.
- Identification.
- Carbon Monoxide & Smoke Detector Addendum.
- Disclosure of Flood Hazard Area.
- NSF (Dishonored) Check.
- Outstanding Notices/Pending Suits.
- Recycling.
- Smoking Policy.
- Utility/Service Fees.
Find out more disclosure requirements and state laws by visiting our Oregon lease agreements page.
Security Deposit
Rent Payment
- Grace Period: A minimum 4-day grace period required for the payment of rent before charging a late fee. [3]
- Maximum Late Fee: Landlords can charge late fees for rent in three ways: A reasonable flat fee per rental period, a per-day fee under 6% of the flat fee, or 5% of the monthly rent for each 5-day period the rent is late. [3]
- NSF Fee: Landlords can charge up to $35 for a bounced check. [4]
Landlord Resources
- Landlord-Tenant Laws – Title 10, Chapter 90 (Residential Landlord & Tenant).
- Handbook – Landlord-Tenant Handbook in Oregon (PDF).