WALTHAM, Mass., March 18, 2019 /PRNewswire-PRWeb/ -- Oregon
is leading the country by enacting a state-wide rent control law;
one that could significantly impact property managers and landlords
in how they manage property and utilize evictions. Adam Almeida, President and CEO of
TenantScreeningUSA.com opines: "SB608, the new state-wide rent
control law in Oregon, will have
an immediate impact in how landlords manage property, especially in
the use of evictions, and a best practice remains to work with a
well-qualified third-party tenant screening agency."
When Governor Kate Brown signed
SB 608 into law Oregon emerged as
the first state to enact a state-wide rent control policy.
Almeida states: "Housing is an on-going crisis across the
country and Oregon has taken the
first steps in trying to reduce the challenge of affordable
housing."
From Curbed.com (Mar 08, 19):
Last week, Oregon became the
first state in the U.S. to implement universal rent control. Senate
Bill 608, signed in to law by Governor Kate
Brown, will restrict annual rent increases to 7 percent and
ban what are known as "no-cause" evictions, in an attempt to
provide immediate, widespread relief to the state's rent-burdened
households. (1)
One of the key changes involves the use of evictions.
From StatesmanJournal.com (Feb 28,
19):
- Eviction rules overhauled
- Landlords will be limited to when they
can issue eviction notices after the first year of tenancy.
- The legislation largely does away with
no-cause evictions, except during the first year of tenancy. In
that first year, landlords have to give 30 days' written notice for
eviction. (2)
Almeida adds: "New impactful laws, such as SB608, could create
greater confusion for landlords and property managers, especially
in the legal and lawful use of eviction reports and records. This
is yet another reason that a best practice remains working with a
third-party tenant screening agency in order to stay compliant with
new and emerging law."
Oregon may be the first state
to get across the finish line regarding a state-wide policy for
rent control but other states have made recent attempts or are
continuing to review rent control in their respective states.
From Curbed.com (Mar 08, 19):
Oregon now joins the states of
California, Maryland, New
Jersey, New York, and the
city of Washington D.C. as places
with some rent control or rent stabilization policies on the books.
Another three states—Colorado, Illinois, and Washington—are considering
similar statewide measures. Currently, 37 states prohibit or ban
rent control outright. (3)
"In the end," Almeida states, "laws governing rent control will
continue to change and evolve. Landlords and property managers
should engage with a third-party tenant screening agency in order
to stay current with all laws governing tenant screening. This also
entails the proper use of background reports such as eviction
records and when and how to conduct criminal background
checks."
TenantScreeningUSA.com is a third-party tenant screening company
with highly trained investigators well versed in the legal and
lawful use of eviction record reports, criminal history reports,
and all public record reports, as part of a complete tenant
background check.
Notes:
(1) curbed.com/2019/3/8/18245307/rent-control-oregon-housing-crisis
(2) statesmanjournal.com/story/news/2019/02/28/what-tenants-landlords-need-know-oregons-rent-control-law/3010007002/
(3) curbed.com/2019/3/8/18245307/rent-control-oregon-housing-crisis
SOURCE TenantScreeningUSA.com