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Foreign rental laws in Oregon govern lease agreements and evictions. The video outlines two main types of lease agreements: standard and month-to-month. A standard lease is typically a one-year contract detailing the terms between landlord and tenant and is the most common rental contract. In contrast, a month-to-month lease, also known as an at-will tenancy, automatically renews each month and can be terminated by either party with a minimum of 30 days’ notice, as mandated by law. The video also mentions e-forms, which provides fillable legal documents such as lease agreements and eviction notices.