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rent increase

Phil Querin Article: When Does the Rent Cap Start under SB 611?

Phil Querin Questions & Answers
Phil Querin

The Calculation. Unless exempted by ORS 90.600, a Rent Increase for any calendar year may not exceedthe lesser of: (a) ten percent (10%) or (b) the sum of seven percent (7.00%) times the Current Rent (7% XCurrent Rent) plus the percentage c

Phil Querin Article: New Rent Control Laws

Community Update
Chuck Carpenter

On July 6, 2023 the Oregon Legislature passed SB 611 which lowered the existing cap on annual rent increases for residential tenancies.  With the Governor's signature the bill is now the law.

 

Mark Busch: Landlord Update

Mark Busch Questions and Answers
Mark L. Busch

The limitation on evictions after the first year of occupancy will likely have the biggest impact on landlords. During the first year of occupancy in a month-to-month tenancy, the landlord can evict a tenant with a written 30-day, “no-cause” notice.