A guaranty is a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. Usually, the party receiving the guaranty will first try to collect or obtain performance from the debtor before trying to collect from the one making the guaranty (guarantor).
Oregon Landlord Tenant Leases Guaranty Without Notice
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Description
This Guaranty Attachment to Lease for Guarantor or Cosigner is a document in which a third party "co-signs" a lease. This third party agrees to guaranty the payment of rent under the lease and obligates that third party to pay any unpaid rent for tenant.
How to fill out Oregon Guaranty Attachment To Lease For Guarantor Or Cosigner?
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FAQ
Notice Requirements for Oregon TenantsOregon tenants who want to get out of a month-to-month rental agreement must provide at least 30 days' written notice. One exception is if the landlord doesn't provide an exit from each bedroom in the unit, the tenant can give the landlord a 72-hour notice.
House Bill 4401. Oregon lawmakers passed House Bill 4401 (HB 4401) on December 21, 2020. This Bill extended the emergency period under HB 4213 until December 31, 2020 and extend the eviction moratorium in certain circumstances to June 30, 2021.
Notices to Terminate the Tenancy To end a month-to-month tenancy during the first year of the tenancy, you must give your tenant a 30-day written notice, unless the rental unit is in the city of Portland, where 90 days' notice and payment of relocation costs is required for no-cause terminations.
Termination of the Lease The tenant must give the landlord notice of their intention to move out within 90 days of the event causing the need to move. The notice must be given to the landlord at least 14 days before the tenant intends to move out.
Unless there is an emergency, your landlord or their agent must give you at least 24 hours' notice if they intend to visit. It must be at normal times of the day and for legitimate reasons - that is, to check the condition of the property or to do repairs, or for inspections required by law, such as gas safety.
