A landlord may require the payment of a security deposit (ORS 90.295). The landlord may claim from the security deposit only the amount reasonably necessary to:
- Remedy the tenant's defaults in the performance of the rental agreement including but not limited to unpaid rent.
- To repair damages caused by the tenant and not caused by ordinary wear and tear.
A landlord may not claim any portion of the deposit due to the tenant/resident failure to maintain a minimum number of months in a month-to-month tenancy.
Upon termination of the tenancy, the landlord shall account for and refund to the tenant the unused balance of any prepaid rent. Within 31 days after the termination of the tenancy and delivery of possession the landlord shall give to the tenant a written accounting which states specifically the basis of the claim. The landlord shall give a separate accounting for security deposits.