Which information must a landlord communicate regarding security deposits in Oregon?

In Oregon, landlords are required to communicate several key pieces of information about security deposits to ensure transparency and compliance with state laws. This includes the refundable nature of the deposit, which informs tenants that they are entitled to receive their deposit back, provided they meet the necessary conditions upon moving out, such as leaving the property in good condition.

Additionally, landlords must specify the maximum deposit amount allowed. Oregon law limits the total amount for security deposits; this limit is crucial for tenants to understand their financial obligations upfront.

Lastly, landlords are obligated to communicate where the security deposit will be held, which promotes accountability and trust. This information is typically provided in a written lease agreement, ensuring that tenants are aware of the terms concerning their security deposit.

Thus, all of these aspects—refundable nature, maximum amount allowed, and holding location—are essential information that must be communicated to tenants, making the option that includes all of these points the right choice.