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Re: Oregon carpet law??? - Landlord Forum thread 244953

Re: Oregon carpet law??? by Martinst (Oregon) on January 9, 2012 @03:18

                              
As a landlord, your rentals are your business, and the carpets are an expense item. These items have a life expectancy. What your tenants are referring to is the life expectancy of the carpet and, yes, as a responsible landlord, you should be replacing the carpet at the end of the carpets life span. Now having said that, because there are a variety of carpets and because there are so many variations to consider, the life expectancy will vary. However, a 'family home' carpet should have a life expectancy of 10 years, and apartments and rental units will be between 5 and 10 years.



Landlords should know and use the life expectancy value to determine depreciation, not only to account for their taxes each year, but when calculating damages, if any, at move out. If a carpet has a life expectancy of 10 years and costs $1000 to put in, that would be $100.00 a year. If a tenant lives in the unit for 5 years, but causes damages, the most you can ask from that tenant is $500...the residual value of the life expectancy of the carpet.



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Re: Oregon carpet law??? by Mark (OR) on December 14, 2016 @16:32 [ Reply ]
Your "life span" theory makes absolutely no sense. A carpets "life span" is based on the wear and tear it receives over any span of time. That can't be measured in years... It's measured in wear and tear. If you find the life expectancy of a carpet, please forward it to all landlords, Please!
As a landlord, you should be more aware of landlord/tenant law and just general common sense.
    Re: Oregon carpet law??? by Other Mark (OR) on March 27, 2017 @16:33 [ Reply ]
    It's commonly accepted in court as a 10 yr lifespan. Industry standard. As a landlord, you should learn more about your profession.

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