Q: My tenants one year lease is up in May. If I raise the rent 9.8% (meaning under the limit) and they choose not to renew
If they choose not to renew their lease, do I need to pay the relocation fee?
A:
IF this is a lease for an Oregon rental premises, you are required to submit the proposed new rental agreement to your tenant at least 60 days prior to the ending date of the term. If they chose not to continue the lease at the end of the term, no you do not have to pay a relocation fee. IF this is a lease for an Oregon rental premises and you evict them without cause you would have to pay relocation fee.
I would recommend consulting with an Oregon Landlord and Tenant Attorney in regards to the notice being given and about the rent increase to make sure you are in compliance. If this if for another state you will need to speak with a Landlord and Tenant Attorney who practices in that state.
Good luck.
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