Renting Without Lease Or Rental Agreement
Description
How to fill out Oregon Residential Landlord Tenant Rental Lease Forms And Agreements Package?
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FAQ
The Supreme Court judgement on the eviction of tenants has fortified landlords' positions across the country, reinforcing the message that tenants cannot unlawfully occupy and harass property owners without facing legal repercussions.
As per the law in the absence of a rent agreement, it is considered that it is a month-on-month lease. This means that the owner has the right to serve notice to the tenant to vacate the property within a period of 15 days.
In most cases, it is the landlord that keeps the original rental agreement. The tenant can always ask for a copy from the landlord. Both the parties involved ie the tenant and the landlord can sign the photocopy of the rental agreement.
The agreement should clearly mention the amount of rent that you have to pay each month and the due date by which it has to be paid. In most cases, landlords ask for a security deposit which is usually equal to one or two months' rent amount. Mention the security amount in the agreement and when it will get refunded.