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Allowed Rental Rate Increases in 2024 Under Oregons rent stabilization law, the limit for the upcoming year is set by September 30. In ance with the new rate cap, the allowable annual rent increase for 2024 is 10%, bringing the rate nearly equal to the 9.9% increase in 2022.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
A fixed-term lease is the most traditional lease. Theyre called fixed term because tenants and landlords are agreeing to abide by the lease for a fixed amount of time, normally six to 14 months.
An Oregon standard residential lease agreement is the document that defines the terms of a residential landlord-tenant relationship. It establishes the leases duration (usually one year), the monthly rent, and the rights and responsibilities of the parties.
Can you write your own tenancy agreement? Certainly. Unless youre an attorney, or have an attorney review it, you probably shouldnt, But you certainly can. If you fail to follow your state/local laws to-the-letter, the agreement may be invalid.
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The most commonly used Oregon lease agreement is a fixed-term lease. This type of lease has a specific start and end date, and both the landlord and tenant agree to adhere to the terms and conditions for the duration of the lease. It provides stability and security for both parties.

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