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Updated over 6 years ago on . Most recent reply

Account Closed
  • Portland, OR
4
Votes |
11
Posts

Eviction notice for a property I am trying to buy

Account Closed
  • Portland, OR
Posted

I just put a house under contract and I am trying to figure out how much notice I need to give the tenant if the deal goes through. I know that here in Portland, Or. there have been some changes in our laws in favor of the tenant. I am trying to find the pertinent statues so that I can keep everything above board. Any help would be appreciated!

Most Popular Reply

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732
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Neal Collins
  • Developer
  • Portland, OR
490
Votes |
732
Posts
Neal Collins
  • Developer
  • Portland, OR
Replied

@Account Closed As Benjamin has mentioned, be aware of the new rules that Portland just created and how that will affect your negotiations and management. 

Make sure you get copies of the current lease. Understand the consequences of giving a no cause notice and when you would be required to pay relocation costs. Also know that there is a 90 day notice (technically 93 to account for mail time) to do this. All these things will add up into how you want to proceed with the transaction.

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