Relating to residential tenancies.

HB 3642 allows Oregon landlords to end month-to-month rental agreements without providing a reason after the first year of occupancy, removing previous restrictions. It also repeals limits on how much landlords can increase rent annually. This directly affects tenants in month-to-month leases and all renters regarding rent hike amounts. The bill changes state law to permit no-cause terminations (after year one) and eliminates rent increase caps, shifting more control to landlords.