Q: In Oregon is it legal for landlord to increase security deposit yearly?Paid $1500. Last year. This year wants 250 more.
A: A landlord cannot increase a security deposit in the first year of a tenancy, absent a modification of the rental agreement and consent of the tenant (e.g. a pet is added during the first year and the landlord wants an increased security deposit to cover potential pet damages). After the first year a landlord may increase the security deposit but must allow the tenant at least 3 months to pay the additional amount.
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