Property Management
Under ORLTA, when a tenant vacates and leaves the unit clean with no damage, the landlord must return the security deposit within:
A14 days
B31 days✓ Correct
C60 days
DImmediately at checkout
Explanation
Oregon ORS 90.300 requires the landlord to return the security deposit (or provide a written accounting of deductions) within 31 days of the tenant vacating and surrendering the unit. If no deductions are warranted, the full deposit must be returned within this period. Failure to comply may result in penalties including forfeiture of the right to make any deductions.
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