Bill
Bill > SB586
OR SB586
OR SB586Relating to termination of tenancy due to sale of dwelling unit; and prescribing an effective date.
summary
Introduced
01/13/2025
01/13/2025
In Committee
05/27/2025
05/27/2025
Crossed Over
04/01/2025
04/01/2025
Passed
06/20/2025
06/20/2025
Dead
Signed/Enacted/Adopted
06/20/2025
06/20/2025
Introduced Session
2025 Legislative Measures
Bill Summary
AN ACT Relating to termination of tenancy due to sale of dwelling unit; amending ORS 90.427 and 105.124; and prescribing an effective date.
AI Summary
This bill modifies Oregon's landlord-tenant law regarding termination of tenancy, primarily focusing on providing more specific guidelines for when and how a landlord can end a rental agreement. The bill updates existing statutes to clarify notice requirements for different types of tenancies, particularly when a landlord wants to terminate a lease due to selling the property. Key changes include establishing distinct notice periods depending on the circumstances: for most situations involving sale or intended occupancy by the landlord, tenants must receive 90 days' notice, but in certain cases where the property is being sold, a 60-day notice is allowed if the landlord also pays the tenant one month's rent. The bill also specifies that landlords must provide written evidence of a purchase offer when terminating a tenancy for this reason, and introduces penalties for landlords who violate these new provisions, such as being liable for three months' rent plus actual damages if they improperly terminate a tenancy. Additionally, the bill updates the standard residential eviction complaint form to reflect these new termination notice requirements, ensuring legal documentation aligns with the updated statutory language.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Effective on the 91st day following adjournment sine die. (on 06/20/2025)
Official Document
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