Portland Oregon Amendment of Residential Lease

State:
Oregon
City:
Portland
Control #:
OR-850LT
Format:
Word; 
Rich Text
Instant download

Description

With this Amendment to Lease Package, you will find the forms that are necessary to modify the terms of a lease. The forms in this package are designed to avoid disagreements over changes to leases and stay in compliance with state law.


Included in your package are the following forms:



Amendment of Residential Lease



This Amendment of Residential Lease provides for adding agreed amendments to a lease agreement. This form permits changes to a lease agreement that will be incorporated as part of the overall lease contract. The structure of this form complies with applicable state statutes.



Amended Lease - Amendment for Office Building



This is an amended lease for an office building. Terms for modified rent and repairs to be made are included.



Modification of a Lease to Extend the Term and Increase the Base Rent



This agreement allows the landlord and tenant to agree to a new lease term and make adjustments to the rent payments. Other terms may be added as needed.



Modification of Lease Agreement



This forms allows the landlord and tenant to make any desired changes to the lease agreement. It may be customized to include any terms agreed upon.



Lease Modification Adding One or More Entities as Tenant Parties



This lease clause states that the landlord and the tenant agree that the lease (sublease) is modified, and illustrates the terms and conditions of the modifications of the lease.



Commercial Lease Modification Agreement



This office lease agreement contains detailed terms and conditions for the modification (and extension) of the lease. Terms for the tenant's option to a further lease extension in the future are included.



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FAQ

The maximum rent increase applies to apartments and rental houses that have been around for 15 years or more. The Oregon Legislature imposed a statewide rent control policy in 2019, the first state in the nation to do so. The law capped rent hikes at 7% plus inflation during any 12-month period. Gov.

Oregon has a statewide rent control law that limits the amount of rent increases, bars landlords from raising rent more than once in any 12-month period, and requires landlords to give tenants proper notice before raising rent.

The state-wide moratorium for termination notices for no cause expired on June 30, 2021. The state-wide moratorium for terminations based on nonpayment of rent ended on December 31, 2020 unless a tenant submitted a written declaration of financial hardship to their landlord.

Rent Control Limitations Oregon now has rent control that limits rent increases for existing tenants. Rent cannot be increased during any 12-month period above the existing rent in an amount greater than 7% plus the consumer price index from the previous calendar year.

Oregon now has rent control that limits rent increases for existing tenants. Rent cannot be increased during any 12-month period above the existing rent in an amount greater than 7% plus the consumer price index from the previous calendar year.

(KPTV) - State officials on Tuesday announced a sharp increase in the 2023 rent increase cap. Starting Jan. 1, 2023, landlords in Oregon are allowed to legally increase rents by up to 14.6%. This is a 5% rise from the 9.9% rent increase cap in 2022.

Renters are now protected from eviction until their application for rent help is processed if they show proof to their landlord. after September 30, 2022 ? whichever is sooner.

13, 2022 p.m. In a state with one of the most challenging housing crunches in the country, Oregon renters could face the highest possible maximum increase since the Legislature enacted limits on rent hikes three years ago. Starting Jan. 1, 2023, landlords in Oregon may legally increase rents by up to 14.6%.

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Portland Oregon Amendment of Residential Lease