In Oregon, what is a common requirement related to security deposits in rental disclosures?

In Oregon, a common requirement related to security deposits in rental disclosures is that landlords must inform tenants how the deposit will be returned. This is crucial for transparency in the landlord-tenant relationship. When a tenant pays a deposit, they have a right to know under what conditions the deposit will be returned to them at the end of the tenancy. This information typically includes the timeline for returning the deposit, any deductions that may be made for damages beyond normal wear and tear, and any applicable cleaning fees.

Providing clear details about the return of the deposit helps prevent misunderstandings and disputes between landlords and tenants. It aligns with Oregon's emphasis on fair housing practices and the protection of tenant rights, ensuring that tenants are fully informed of their financial responsibilities and the terms of their agreement.