Eudaly to Propose New Rules Requiring Landlords to Give 90-Day Notice to City When Selling Property

Eudaly to Propose New Rules Requiring Landlords to Give 90-Day Notice to City When Selling Property

According to the Portland Mercury, after she introduces new tenant screening criteria on September 18th, Portland City Council member Chloe Eudaly plans to focus on crafting new rules that would require landlords to give the city and tenants 90-day notice before a rental property is put on market. The proposed new rules could also potentially give the city and tenants the first opportunity to purchase the property. Read more.

This proposal isn’t a new one for Eudaly, who began discussing it with news reporters back in October of 2017.

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