Rent Increase Restrictions
The bill limits rent increases in buildings that are more than 15 years old to 7% plus inflation and restricts no cause evictions after a tenant's first 12 months in a rental.
The allowable percentage for rent increases in a given year will be calculated and released by September 30th the previous year by the Oregon Department of Administrative Services. If a landlord raises rent by more than that amount, the landlord will be required to compensate the tenant with the equivalent of 3 months’ rent plus damages.
No-cause evictions can still be issued with 30 days’ notice during the first year of tenancy or with 10 days’ notice during a week to week tenancy. After the first year of a fixed-term tenancy, there are specific cases where a landlord can issue a no-cause eviction, as long as the landlord provides 30 days’ notice accompanied by the equivalent of one month’s rent.
The landlord may do this if they:
- Intend to demolish a unit or convert it to a nonresidential use;
- If the unit is unsafe for occupancy;
- If the unit cannot be occupied during necessary repairs or renovations;
- If the landlord or a member of their immediate family plans to live in the unit and no other similar unit is available; or
- If the landlord has received an offer from someone who intends to buy the unit and use it as a primary residence.
Wrongful Eviction Claims
If a tenant makes a claim of being wrongfully evicted within one year, the landlord must pay three months’ rent plus damages.
After the landlord issues an allowable no-cause eviction, they cannot raise the rent more than 7% plus CPI prior to renting the unit to a new tenant.
Senate Bill 608 Timeline
Legislators are eager to hold hearings on this legislation early on in the session, but a timeline has not yet been set.
Tenant Committees (not new, just a reminder)The bill does not call for a change to the existing requirement regarding tenant committees. Those committees. Tenants are allowed to have a committee made up of no more than seven residents who may request to meet with landlord representatives up to twice each year.
- The landlord of a representative must meet with the committee within 10-30 days of receiving a request.
- The landlord must respond in writing to a tenant committee within 60 days of receiving a written summary of the meeting outcome.