To calculate the rent increase percentage, divide the rent increase amount by the current rent amount and multiply by 100.
Rent increases must be served to each affected party and may not exceed 7% plus the Consumer Price Index (CPI) for the West Coast during any 12-month period, unless exempt. Information on the current limits can be found at: https://www.oregon.gov/das/OEA/Pages/Rent-stabilization.aspx
Rents may not be increased during the first year of a month-to-month tenancy.
If notice is served by mail ONLY, the ending date must include an additional four (4) days to allow for the delivery of notice, including date of mailing.
This notice, if mailed, shall be mailed FIRST CLASS MAIL ONLY (not certified, registered, etc.).
Owner/Agent does not waive the right to terminate by simultaneously or subsequently served notices.
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