An Oregon standard residential lease agreement is a rental document comprised of terms and conditions that will govern a tenancy for its entire duration, usually lasting one (1) year or a fixed period. Both parties involved, a landlord and tenant, must negotiate until reaching a mutual understanding regarding the rental. Prior to selecting a renter, the landlord may ask potential tenants to fill out a rental application and consent to credit and criminal background checks. Tenants who lack adequate credit or rental history can seek a guarantor in lieu of good-standing financial records, allowing them to enhance their odds of obtaining their desired rental property.
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