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FormO3 : NOTICE OF LEASE RENEWAL

 

Required entries are indicated by blue icons or *

et al (and all others)





[Tenant] Please choose from the following options for Lease Renewal.

If no choice is made Option 1 (one) will be effective on: 
(no less than 90 days from the Date Served or 94 days if mailed ONLY, including the Date of Service)


[Tenant] To accept Options 2 or 3, all Tenant(s) must have signed a new Lease Agreement by the date above.

Please contact Owner/Agent timely to make arrangements.

Option 1: Lease converts to Month-to-Month, with a Rent increase amount of 
 
 to 
 
, effective on 
 
.

Option 2: Lease will renew for
 
 months beginning 
 
 and ending 
 
, with a Rent increase amount of 
 
 to 
 
, effective on 
 
.

Option 3: Lease will renew for another year beginning 
 
 and ending 
 
, with a Rent increase amount of 
 to 
, effective on 
.

AND
Your utility charge will be increased from 
 to 
, effective 
.

Rent increases may not exceed 7% plus the Consumer Price Index (CPI) for the West Coast during any 12-month period, unless first Certificate of Occupancy was issued less than 15 years prior from the date of the Notice of Rent Increase, or Owner/Agent provides reduced Rent to the Tenant(s) as part of a federal, state or local program or subsidy.


Properties whose Certificate of Occupancy was effective within the past 15 years are exempt.

and documentation (such as a copy of the Certificate of Occupancy) has been included with this notice.
and documentation (such as a copy of the Certificate of Occupancy) has been included with this notice.
 

Please Note: Signature field must be filled in and signed after printing.

Owner/Agent Signature:   Date:

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PO Box 20862, Keizer, OR 97307
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