Property Management
An Oregon landlord wants to convert a rental property to condominiums and sell the units individually. Under Oregon's Condominium Act and tenant rights laws, existing tenants must receive:
ANo special notice or rights — landlord may terminate tenancies at will
BAt least 120 days written notice before they must vacate, plus right of first refusal to purchase their unit✓ Correct
COnly 30 days notice — the same as any lease termination
DRelocation assistance equal to 6 months' rent
Explanation
Oregon law provides significant protections for tenants in buildings being converted to condominiums. Tenants must receive substantial advance notice (generally 120 days or more) before conversion, and have the right of first refusal to purchase their unit at a specified price before it is offered to the public. These protections balance the property owner's right to convert with the tenant's housing security. Oregon's condominium conversion statutes are in ORS Chapter 100.
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