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Under Oregon law, a landlord must wait four days after the rent due date before imposing a late fee, and must disclose the late fee policy in the rental agreement.
This is a short agreement to bring in a guarantor to a residential lease agreement. The guarantor provides a promise to pay rent unpaid by one or more of the tenants and also for any loss or damage caused by the tenant.
How do these schemes work? In a rent-to-rent arrangement, the middle tenant signs a contract guaranteeing to pay a set monthly income to the landlords in return for taking full control of the property and its management.
Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord gives consent to the third party, the Renter, to then rent the property to other tenants.
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