The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, October 8, 2019
City Council to Consider Repealing URM Placard Requirement October 23rd
The Portland Tribune reports that the Portland City Council plans to consider repealing the URM placarding requirement at a meeting on October 23rd. According to lawyer John DiLorenzo, the City has agreed to repeal the requirement in order to settle the law suit brought by owners of URM buildings. Along with the placarding requirement, the City may also choose to repeal the requirement for landlords to include warnings regarding earthquake safety on tenant lease agreements. Read more.