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Senate trims tenant‑notice timeline for units sold to owner‑occupants from 90 to 60 days
Summary
Senate Bill 586 A reduces the required notice period to tenants when a dwelling unit is sold to a buyer who intends to occupy it, and makes related changes accounting for modern transactions and first‑time buyers of plexes.
The Oregon Senate on April 1 passed Senate Bill 586 A, which reduces the notice period landlords must give tenants on fixed‑term leases when the landlord sells a unit to a buyer who intends to live in it.
Senator Anderson, who presented the bill from the Senate Housing and Development Committee, framed the change as a modernization that balances tenant protections and flexibility for mostly small property owners. "Under…
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