Q: What are my legal obligations to a month-to-month tenant in a home I am buying in terms of rent increases and eviction?
Know nothing about current tenants other than they are paying 40% less than market for rent. Would like to keep them if they have good credit, can qualify for the new rental rate (a $500/month jump) and will sign one year lease. Otherwise, I need them out in order to make repairs and re-rent to qualified tenants.
A:
If the property is in Ashland, and the tenant has been there at least a year, then you have to give them 60 days notice.
See also: https://www.osbar.org/public/legalinfo/1250_RentIncreases.htm
Gregory L Abbott agrees with this answer
A: If the existing tenants are on a fixed term lease, you have no right to raise their rent until their lease expires. If they are on a month to month lease, you have to provide them with at least 90 days advanced written notice of the rent increase. If you want to terminate their month to month tenancy, it would require at least 30 - 60 - 90 days prior written notice, depending upon exactly where you are in Oregon, and how long the tenant has resided there.
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