On March 29, 2023, Governor Kotek signed HB 2001 into law. This legislation contained changes to the residential eviction process in nonpayment cases. It is important for landlords and tenants alike to understand these...more
In April, the U.S. consumer price index (CPI) rose 4.9%, down from 5% in March. This data was widely reported as the first time that CPI inflation was under 5% since June 2021. As demonstrated by this reduction, it appears...more
When can Oregon landlords terminate residential tenancy without cause? Tonkon Torp real estate attorney Mick Harris offers a quick review of Oregon residential tenancy laws.
Contact:
https://tonkon.com/people/mick-harris/...more
NOTE: On May 19, Governor Brown signed SB 282 into law.
As the COVID-19 vaccine roll-out continues and summer approaches, there is optimism that life may slowly be returning to normal—or at least a new type of normal....more
On December 21, 2020, the Oregon Legislature passed HB 4401, further extending the moratorium on residential evictions without cause and for nonpayment of rent from December 31, 2020 to June 30, 2021. The law also extends the...more
At the end of August, Fannie Mae announced an extension of a temporary moratorium on residential foreclosures and evictions that was originally set to expire on August 31, 2020. The moratorium applies to single-family...more
It is the first day of May, and in normal times the rent would be due again. But these are far from normal times, and in many cases the likelihood that rent will actually be paid (or paid in full) is quite low. As tenants...more