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This EZ Landlord Forms “Portland, Oregon 90 Day Notice to Increase Rent” contains all the elements that are spelled out in the city ordinance. The change now makes the amount of notifications to be at minimum ninety days’ advance notice in writing for any increase in the amount of rent that will be more than five percent (5%) over a period of twelve months. This requirement has been in effect, since November 2015. However, it is, in effect, until such time that anything changes, if, in fact, it changes at all.
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There is much to-do over this notice requirement, and suit has been filed against the city that challenges this new law. Before this regulation was put into place, the amount of notice to increase rent by a landlord to a tenant was merely thirty days for those tenants who have resided in a rental unit for less than a year and a sixty- day notice for those who have resided in their rental longer than one year. These procedures are just for those properties located within the Portland city limits. In an effort to do this, it is required that landlords who own property in the city of Portland who want to increase the rental amount on their real estate investment follow specific procedures. Commissioner Saltzman of Portland Oregon wants to protect Portland’s tenants. Even though as a rule, Oregon does not favor enactment of local laws that limit rent for landlords there is always a first time for everything.