The Oregon Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee is a legal document used in the state of Oregon to extend the primary term of a lease agreement by the lessee through timely payment of rent. This affidavit serves as a proof that the lessee has fulfilled their obligation by paying the rent on time and wishes to extend the lease for a specified additional period. In Oregon, there is only one type of Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee. It is a standard form provided by the Oregon State Bar or can be prepared by an attorney specializing in real estate law. This affidavit is applicable to all types of leases, including residential, commercial, and agricultural leases. To create an Oregon Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee, essential information must be included. The affidavit should begin with a title stating "Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee." It should state the names of both the lessor (landlord) and the lessee (tenant) and their corresponding contact information. It should also include a reference to the existing lease agreement, stating the date of its execution and any amendments made. The affidavit should further state the original primary term of the lease and the desired extension period. It should mention the amount of rent due and the date by which it was paid, along with details of the payment method such as check number or online transaction reference. The lessee should affirm under oath that they have submitted the payment on time and wish to extend the lease term. The affidavit must be signed by the lessee in the presence of a notary public who will then affix their seal and provide their own details, including name, commission expiration date, and contact information. The notary public acknowledges the signature and authenticity of the affidavit by signing and dating it. It is crucial to note that the Oregon Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee is a legal document and should be executed carefully. It is advisable to consult with an attorney experienced in real estate law to ensure the document accurately reflects the lessee's intent and provides the necessary legal protections. Keywords: Oregon, Affidavit of Timely Payment, Extend Primary Term, Lease, Lessee, Rental Agreement, Real Estate, Legal Document.
Oregon Affidavit of Timely Payment to Extend Primary Term of Lease by Lessee
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How to fill out Oregon Affidavit Of Timely Payment To Extend Primary Term Of Lease By Lessee?
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Key Takeaways. Month-to-month tenancy is a periodic tenancy wherein the tenant rents from the owner on a monthly basis. This type of tenancy is most commonly found in residential leases. Other variations of tenancies found in lease contracts include tenancy for years, tenancy at will, and tenancy at sufferance.
Yes. Under a fixed-term tenancy, if the tenant violated the lease three times during the past 12 months, the landlord can refuse to renew the lease if the tenant has lived there longer than a year and if the landlord gave the tenant a written warning following each of the three violations.
An Oregon month-to-month rental agreement is a lease that does not end unless notice of at least thirty (30) days is sent by either the landlord or tenant. A month-to-month lease continues in perpetuity unless amended or terminated by the landlord or tenant.
Tenants who want to break a lease in Oregon must comply with the state's notice requirements if they want to avoid penalties or other legal consequences. Generally speaking, these are the two notice requirements needed, depending on the type of lease: Yearly Leases with No End Date: At least 60 days of notice.
Under Oregon law, a last month's rent deposit is considered to be a security deposit. Landlords must provide tenants with a receipt when they receive the deposit. Written rental agreements must include the amount of the security deposit. A security deposit can't be increased within the first year of 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.
