...Specifically, in Oregon, if the laws differ by state.
Thank you.
2007-01-11 07:17:19 · 11 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
In Oregon you do not need a Property Management License if you are the owner. You still have to abide by the Property Management/Landlord Law which has a great website and very valuable tool. Here is a link for some valuable information.
http://www.osbar.org/public/legalinfo/tenant.html
2007-01-11 07:29:32 · answer #1 · answered by dancing11freak 2 · 0⤊ 0⤋
The decision must be made by the Trustees of the Condominium Association. If the Master Deed permits rental occupants, in most situations, the Trustees must approve the renters. As such, you will not need a license. You will need, however, good insurance to protect yourself from possible lawsuits.
In some States, remember that renters are usually protected from paying 6 months rent, if the need should occur, without you evicting them. Thus you may rent a room/condo with a lease of 12 months, but receive only 6 months of rent and not be able to do anything to recover your losses.
2007-01-11 07:25:15 · answer #2 · answered by Yellow Tail 3 · 0⤊ 0⤋
There's no such thing as a landlord's license. What you need to check is that the property/condo has a certificate of occupancy approved to be a rental property.
2007-01-11 08:24:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
look up the landlord and tenant act or Oregon. Some time if you are renting a private dwelling you do not need a licence as along as you claim the rent as an income.
2007-01-11 07:25:23 · answer #4 · answered by c0mplicated_s0ul 5 · 0⤊ 0⤋
Oregon has some odd ball laws when it comes to property.
Check with your city to make sure you are properly zoned for rental. Your neighbor may be, but that does not mean that you are. If you are not zoned for rental property you have to prove "hardship" in order to rent your property to anyone.
2007-01-11 08:29:20 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes the laws differ by state. Check with your Condo office. They could also have requirements of their own, according to your condo by-laws.
2007-01-11 07:21:49 · answer #6 · answered by marie 7 · 0⤊ 0⤋
I've never heard of a "landlord's license". Been a landlord for many years, though not in OR.
2007-01-11 07:21:17 · answer #7 · answered by Bostonian In MO 7 · 0⤊ 0⤋
dont know about your state, but I had been a landlord, and never even heard of a license for it.......call the court house and ask them.
2007-01-11 07:23:55 · answer #8 · answered by kaisergirl 7 · 0⤊ 0⤋
No not really but everone does it chances are youll be ok, DO NOT DO IT IF ITS AN OLD BUILDING if it is the lickly hood of something going terribly wrong is higher and you may be exposed
2007-01-11 07:21:44 · answer #9 · answered by Anonymous · 0⤊ 1⤋
you have to have a license? I know a lot of old ladies that do it
2007-01-11 07:20:58 · answer #10 · answered by Monet 6 · 0⤊ 1⤋