What is the purpose of a ‘Notice to Cure’?

Study for the Oregon Pre-License Property Management Exam with interactive flashcards and multiple-choice questions. Each question features detailed explanations and tips. Boost your confidence and get ready for your licensing exam today!

The purpose of a 'Notice to Cure' is to formally alert a tenant of a lease violation that has occurred. This notice typically outlines the specific issue that needs to be resolved to comply with the terms of the lease. It serves as a communication tool that allows the tenant to correct the violation within a specified timeframe to avoid further action, such as eviction or penalties.

In the context of property management, addressing lease violations promptly is crucial. A 'Notice to Cure' acts as a way to maintain the landlord-tenant relationship by giving the tenant the opportunity to remedy the situation and maintain their tenancy, rather than jumping straight to more severe measures like lease termination. This proactive approach helps ensure clarity and fairness in managing the property.

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