Oregon Houses For Rent
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FAQ
Property managers are brokers and principal brokers as well as property managers managing rental real estate. To qualify, the property manager must: Be licensed by the Oregon Real Estate Agency.
Oregon requires persons who manage real estate for another for compensation to hold a property manager's license. ORS 696.030 provides some exemptions to the licensing requirements of ORS 696.010 and 696.020. One exemption is for persons who manage their own property.
INCOME CRITERIA Monthly gross income must be equal to 2 times stated rent*, or 2.5 times the monthly stated rent if the monthly rent amount is below the maximum monthly rent for a household earning no more than 80 percent of the median household income as published annually by the Portland Housing Bureau.
Rental History Requirements One year of verifiable rental or mortgage history from a current third party is required. ... Rental history demonstrating residency, but not current third party rental history, will require an additional security deposit equal to 50% of one month's rent or qualified co-signer.
If you have a Landlord/Tenant Law complaint or questions, please go to Oregonlawcenter.org or contact your local Legal Aid Services.