Office closures for December & January:
Monday, December 4, 2024 - opening late due to a board meeting. The office should open by 2:00.
The office will be closed:
Monday, December 11
Monday, December 25
Thursday, January 1
Please remember that forms are available for purchase online. If you have misplaced the discount code, you can find it on the left-hand side of the monthly newsletter, in red. If you have an urgent need, please contact a board member.
Welcome to the Central Oregon Rental Owners Association
COROA is an organization of rental owners and managers who have joined together with a commitment to education and professionalism. Since 1979, COROA has been dedicated to helping rental owners and managers find and keep the best tenants, stay abreast of the latest rental laws, and protect their investments.
COROA members learn to treat their rentals as the business investment they are, and respect their tenants as the clients they are. Our monthly classes cover such topics as screening, evictions, abandoned property, law updates, tax advice and more. We understand that our members include not only seasoned professionals but also brand new rental owners, both of whom learn from the basic classes and also enjoy the more advanced class topics. Equally important is the networking that goes on at our monthly classes. As fellow landlords meet, ask questions, share experiences and learn great information, an association develops grounded on common goals and interests.
COROA represents more than 5000 rental housing units in Crook, Deschutes, Jefferson and Klamath Counties. Our members own or manage as few as one, or more than several hundred units. We are currently the third largest rental owners association in Oregon, and enjoy a membership of approximately 550.
Our affiliation with Oregon Rental Housing Association (ORHA) allows our membership to be part of a much larger and more powerful lobbying group dedicated to passing fair and balanced Landlord/Tenant Laws and legislation. We regularly enjoy speakers from ORHA at our monthly meetings.
We are located at 354 NE Greenwood, Suite 112 in Bend
OFFICE hours: 12pm to 4pm, Monday-Thursday
Our member ONLY hotline # is 541-323-6110, keep in mind that we are closed Friday through Sunday but someone will get back to you Monday through Thursday.
Annual Rent Increase Percentage:
Housing Providers (Landlords, Owners, Property Managers),
Senate Bill 611 was signed into law on July 06, 2023. This bill will cap rent increases at 10% or 7% plus CPI (whichever is lower) - The exemption for new constructions remains at 15 years.
The maximum allowable rent increase percentage for the 2024 calendar year is 10% or 7% plus CPI (whichever is lower) – The allowable annual rent increase in 2024 is 10.0%. Only one rent increase may be issued in any 12-month period.
Changes to the Following Forms - DO NOT USE
We have been notified by ORHA that there are significant changes to a few forms and if you have any on hand you should purge them. Replacements can be purchased online. They are:
#1 - Application to Rent, #5C - Notice of Termination (Two-Unit/Owner-Occupied Property), #8- Notice for Harm or Substantial Damage, #25A - Abandoned Property Notice Deceased Sole Tenant, #43 - Application Denial and Adverse Action Letter and #45 - Application Screening Guidelines
Paper copies of Form S1 and S8 (43) are available in the COROA office