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Updated almost 8 years ago on . Most recent reply

User Stats

199
Posts
155
Votes
Kim Knox
  • Real Estate Broker
  • Jacksonville, OR
155
Votes |
199
Posts

Only in Oregon! CALL FOR ACTION!

Kim Knox
  • Real Estate Broker
  • Jacksonville, OR
Posted

Hi Landlords and Investors!  HB 2004-A is a harmful Bill being proposed and passed the house by ONE-vote!  Imagine having a huge investment in a house and having the government telling you you cannot give a tenant notice to vacate after they have occupied for over 6 months (unless special circumstance........then you can give 90 days notice and payment of relocation expenses of an amount up to three months rent!)  Am I living in Crazy-Town??

Landlords would be REQUIRED to make tenant offer to renew fixed term tenancy if the TENANT decides to renew.  The TENANT gets to control a landlord's investment?  This is a bill that will be considered a GODSEND to tenants that work the system, and an absolute financial nitemare to landlords.  

The most obviously weak side of this bill is the assumption that Landlords want to terminate tenants without reason.  If landlords have a good tenant, they want to keep them happy.  We don't want to evict people.  I find absolutely absurd, the thought that landlords arbitrarily evict good tenants.   I have never encountered a random eviction.  

This has consequences for tenants too.  Landlords will no longer take risks to rent to people with questionable financial or rental history.  No longer a chance on a new renter or one with no credit.  Why, because before we could do a month to month agreement and if they proved themselves, we could then enter into a lease. This bill passes, I will never give anyone the benefit of the doubt again, which is a shame.   Additionally, it discourages home upgrades.      

Chief Sponsors of this bill:  Gorsk, Iluso, Power, Hernandz, Dembrow, Gelser, and Anderson think their is MINIMAL FISCAL IMPACT if this bill passes.  Are you kidding me?!  

This bill makes assumptions that all Landlords are rich and all tenants are victims.   

This bill will reduce our rental investor pool, ultimately lowering the number of rentals available, which will be an unfortunate outcome in a market with so few rentals available.   I suppose a landlord might be able to protect themselves by charging a much higher and non-refundable security deposit.  Another upsetting outcome of this bill to tenants.   

Please contact our Legislator so we can stop this bill n the Senate! Contact your Legislator so we can stop this bill in the Senate!

  • Virtually eliminates Oregon’s no-cause eviction law;
  • Imposes possible rent control 
  • Requires all fixed-term tenancies to continue indefinitely, solely at the discretion of the tenant;
  • Requires landlords to pay for evicted tenants to move; and
  • Allows tenants one year to file a complaint for any violation of the bill with 3-months rent + damages due to the tenant.

If you live in Oregon, this is worth looking over.  Scheduled for Public Hearing tomorrow, May 3rd.  Details of House Bill 2004

Thanks for getting involved.  Thoughts?  

Most Popular Reply

User Stats

77
Posts
35
Votes
David C.
  • Investor
  • Hillsboro, OR
35
Votes |
77
Posts
David C.
  • Investor
  • Hillsboro, OR
Replied

I hate to use the word comical, but that's what comes to mind. Maybe I'll just switch to all week to week tenancy lol

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