- 6 months' notice for any rent increase over three percent
- Allows residents to terminate leases at any time after the notice, effectively ending the lease and financial obligation
- Limits all rent increases to five percent plus CPI every 12 months
- Repeals pre-emption of local rent control ordinances
The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
Build Your Legacy with HFO, a member of GREA.
Wednesday, January 29, 2020
Washington State Legislature Considering Rent Control Bill
No hearing has been held or scheduled, but Washington State House Bill 2779 has been introduced in the legislature. Among other things, the legislation would require:
Location: Portland, Ore.
Olympia, WA, USA
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