The Oregon Lease Agreement form is a legally binding document that outlines the terms and conditions between a landlord and a tenant for renting residential or commercial property in Oregon. This form protects the rights of both parties and establishes clear expectations regarding rent, maintenance, and duration of the lease. Understanding this agreement is essential for anyone involved in a rental arrangement in the state.
The Oregon Lease Agreement form serves as a critical tool for landlords and tenants, providing a clear framework for their rental relationship. This document outlines essential terms such as the duration of the lease, rental payment details, and responsibilities for maintenance and repairs. It also specifies the rights and obligations of both parties, ensuring that expectations are understood from the outset. In addition, the form addresses important issues such as security deposits, late fees, and conditions for termination, which help prevent disputes. By establishing rules regarding pets, alterations to the property, and utilities, the lease agreement fosters a harmonious living environment. Ultimately, this form not only protects the interests of landlords and tenants but also promotes transparency and accountability in the rental process.
Oregon Lease Agreement Template
This Oregon Lease Agreement ("Agreement") is entered into by and between ____________________ ("Landlord") and ____________________ ("Tenant(Tenants)").
The premises located at ____________________ ("Property") in the state of Oregon will be leased under the terms and conditions stated in this Agreement.
Subject to the terms and conditions set forth in this Agreement and Oregon's Residential Landlord and Tenant Act, the Landlord agrees to rent to the Tenant, and the Tenant agrees to rent from the Landlord the Property.
Date of Agreement: ____________________
Lease Term:
Rent Details:
The Security Deposit will be returned within 31 days after the Tenant vacates the Property, subject to deductions for damages beyond normal wear and tear, unpaid rent, and any other charges as allowed under the Oregon Residential Landlord and Tenant Act.
Utilities: The responsibility for utility payments is divided as follows:
Terms of Use:
Maintenance and Repairs: The Tenant agrees to maintain the Property's cleanliness and order. The Landlord is responsible for repairs and maintenance unless the Tenant's negligence or willful act causes the damage.
This Agreement is governed by the laws of the state of Oregon. Any disputes arising from this Agreement shall be resolved through arbitration, in accordance with Oregon law.
Landlord Signature: ____________________ Date: ____________________
Tenant Signature: ____________________ Date: ____________________
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