Need a Property Rentals Contract in Oregon? AroundWire Can Help

In Oregon, property rental contracts—covering both residential and commercial leases—are governed by a combination of state statutes, notably the Oregon Residential Landlord and Tenant Act (ORS Chapter 90) for residential properties, and general contract law for commercial properties. Key contract features include clear identification of parties, property description, lease term, rental amount, permitted uses, maintenance responsibilities, and termination conditions. Oregon law requires that rental agreements specify security deposit terms, with deposits held in trust and itemized deductions provided upon termination. Landlords must comply with habitability standards and, for certain property types, may require state or local business licenses. Insurance requirements are common: property owners typically must maintain liability and property insurance, and commercial tenants may be required to carry additional coverage. Payment terms are usually monthly, with late fees capped by statute for residential rentals. Risk factors include compliance with local zoning, fair housing laws, and disclosure obligations (e.g., lead-based paint, if applicable). Dispute resolution often favors mediation or small claims court before litigation, and contracts may include specific provisions for attorney fees and venue. Local ordinances, especially in cities like Portland, may impose additional tenant protections, rent control provisions, or notice periods, so contracts should be tailored to reflect both state and municipal requirements.