Property Management
Under ORLTA, what is a 'no-cause' eviction and when is it restricted in Oregon?
AAn eviction for non-payment of rent — always allowed
BTermination of tenancy without a specified reason; restricted or prohibited for fixed-term tenancies and in certain jurisdictions with just-cause requirements✓ Correct
CAn eviction available only for commercial properties
DAn eviction requiring court approval in all Oregon counties
Explanation
A no-cause eviction (without-cause termination) in Oregon is restricted: it cannot occur during a fixed-term lease period, requires 30–90 days notice for month-to-month tenancies, and is prohibited after the first year of tenancy under Oregon's statewide just-cause eviction law (ORS 90.427).
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Key Terms to Know
Option Contract
A contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Short SaleA sale of real property where the sale proceeds are less than the outstanding mortgage balance, requiring lender approval.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
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