Q: My 4-unit apt complex was sold. How much notice does new landlord have to give for rent increase or eviction?
I live in Portland, OR. Haven't heard from new landlord yet, even though previous one says the sale was official 8/14/18 (today is 8/23/18) and to NOT send September rent to her... We don't have new leases or anything, and no information about what happened to our deposits, etc. We are all on month-to-month leases, currently. The fear is they will either raise rent significantly (we were gratefully paying below market value with previous landlord), or tear it down to build newer, bigger units. Hence wondering about the legal time frame to find a new place to live.
Thanks!
A: Your lease and deposits simply are now under the new owner with the same terms and conditions as before. No new lease is required. If you are in the city limits of Portland (don't always believe the address) they have to give you 90 days notice on rent increases and the same as to any no cause eviction.
Gregory L Abbott agrees with this answer
A: Any rent increase, anywhere in Oregon, now requires at least 90 days prior written notice and rent cannot be increased during the first year of a tenancy. If your dwelling is within the Portland city limits (not just a Portland mailing address which can be outside of the City itself), at least 90 days written notice is required to terminate a tenancy without cause AND payment of a relocation assistance charge may be required. Outside the city limits, no relocation assistance payment is required and only 30 days notice (60 days if the tenant has been there for more than a year) are required for a no cause termination of tenancy. Otherwise, just pay your rent to the new owner and everything continues as before, at least until the new owner gives you proper notice of any policy changes he wishes to implement. The new owner is liable for returning your security deposits when the time comes.
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