An Oregon standard 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.
Once both parties sign the agreement, it establishes a legally enforceable contract between the landlord and tenant, providing a clear framework for their respective rights and obligations.
Considerations on Lease Length
- 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.
Security Deposit
- Maximum Amount ($): No state-imposed limit. (§ 30.01.087(A))
- Returning to Tenant: Within 31 days. (§ 90.300(13))
Rent Grace Period
There is a minimum 4-day grace period required for the payment of rent. (§ 90.220(7)(a))
Landlord Resources
- Landlord-Tenant Laws – Title 10, Chapter 90 (Residential Landlord & Tenant).
- Handbook – Landlord-Tenant Handbook in Oregon (PDF).
