Which of the following is a key element in a rental agreement in Oregon?

In Oregon, a rental agreement must include essential terms that clarify the rights and responsibilities of both landlords and tenants. One of the most critical elements is the amount of rent and its due date. This ensures that the tenant knows how much they need to pay and when the payment is expected, which helps to avoid disputes and misunderstandings down the line. Clearly delineating the rent amount and payment schedule establishes a framework for financial obligations, making it an indispensable part of any rental agreement.

Including the amount of rent and its due date safeguards both parties: tenants can plan their finances accordingly, while landlords can manage their income expectations effectively. Other components mentioned, such as the number of tenants or included appliances, are important but do not hold the same level of necessity in defining the fundamental terms of the rental agreement.