1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session House Bill 3521 Sponsored by Representative HARTMAN; Representatives GAMBA, NATHANSON, Senators JAMA, PATTERSON SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the measure as introduced.The statement includes a measure digest written in compliance with applicable readability standards. Digest: This Act awards damages if a landlord revokes an offer of housing. (Flesch Readability Score: 60.7). Requires residential landlords to pay a minimum amount of damages for breaching an agreement to later execute a rental agreement in exchange for holding a deposit. A BILL FOR AN ACT Relating to residential tenancy hold deposits; creating new provisions; and amending ORS 90.297. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 90.297 is amended to read: 90.297. (1) Except as provided in ORS 90.295 and in this section, a landlord may not charge a deposit or fee, however designated, to an applicant who has applied to a landlord to enter a rental agreement for a dwelling unit. (2) A landlord may charge a deposit[, however designated,] to an applicant for the purpose of securing the execution of a rental agreement, only after approving the applicant’s application but prior to entering into a rental agreement. Before receiving the deposit, the landlord must give the applicant a written statement describing: (a) The amount of rent and the fees the landlord will charge and the deposits the landlord will require; [and] (b) The terms of the agreement to execute a rental agreement; and (c) The conditions for refunding or retaining the deposit. (3) If a rental agreement is executed, the landlord shall either apply the deposit toward the moneys due to the landlord under the rental agreement or refund [it] the deposit immediately to thetenant. (4) If a rental agreement is not executed due to a failure by the applicant to comply with the agreement to execute, the landlord may retain the deposit. (5) If a rental agreement is not executed due to a failure by the landlord to comply with the agreement to execute, within four days the landlord shall [return the deposit to the applicant either by making the deposit available to the applicant at the landlord’s customary place of business or by mailing the deposit] send by first class mail to the applicant the deposit plus a penalty equal to the greater of the deposit or an amount agreed to by the parties . (6) If a landlord fails to comply with this section, the applicant or tenant[, as the case may be,] may recover from the landlord the amount of any fee or deposit charged, [plus] any penalty allowed under subsection (5) of this section and $150. SECTION 2.The amendments to ORS 90.297 by section 1 of this 2025 Act apply to deposits received on or after January 1, 2026. NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted. New sections are in boldfaced type. LC 573 HB3521 1 [2]