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return of security deposit Oregon

my tenant agreed to continue to pay(supplement) an additional 9 months left on his lease since he needed to move out early.  He pricing my rental below what he was paying to encourage someone to rent asap.  Do I have to pay his security deposit back now or 30 days after his lease is up?  and should i just do an addendum or what should he sign for the $395 shortfall?
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