Eudaly Plans to Propose New Rules to Standardize the Renter Screening Process

Eudaly Plans to Propose New Rules to Standardize the Renter Screening Process

Portland City Council Commissioner Chloe Eudaly is planning to propose changes to the renter screening process in August. Her proposal includes a requirement for landlords to take tenants on a “first come, first serve” basis, similar to the Seattle law which was just ruled unconstitutional by a Washington judge. She plans to propose standardized screening criteria based on a point system, which would score tenants based on credit, criminal, and housing history. If prospective tenants score above a 5 using the new system, landlords would be prohibited from denying their application. If they do not score above a 5, tenants would be given a 24-hour window to provide documentation of “offsetting considerations” that could potentially raise their score. Eudaly is also proposing to link the new screening process with security deposit reform. Read more.

Review the latest version (5/16/2018) of Eudaly’s draft renter screening regulations.

More Housing Now! Responded to Eudaly’s plans with this social media video.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com