Do I need a property manager for my Oregon rental if I live in California?

Full question:

If I am renting my property in Oregon and I live in California, do I have to have a property manager?

Answer:

In Oregon, there are no specific state requirements for out-of-state property owners to have a local property manager. However, if you own rental property in Oregon while living in California, you must have an in-state statutory agent. This agent is different from a property manager; they only handle legal notices and service of process on your behalf.

According to Oregon law, you must disclose to your tenants the name and address of the person managing the property and the owner or their authorized representative for legal notices (Oregon Revised Statutes § 90.305). This information must be kept current and is enforceable against any future landlords or managers.

While you are not required to hire a property manager, it may be beneficial to do so for managing day-to-day operations, such as collecting rent and handling tenant issues.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Oregon's new rental law includes several key provisions aimed at tenant protections. Notably, it limits rent increases to once per year and caps them at 7% plus the consumer price index. Additionally, landlords must provide a 90-day notice for rent increases and cannot terminate leases without cause after the first year. These regulations are designed to enhance housing stability for tenants in Oregon. For the most current information, always check with local authorities or legal resources. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*