2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 93
93.940 Effect of seller s foreclosure or other action on interest, lien or claim.
The recorded interest, lien or claim of a person with respect to the real property, by virtue of an assignment, conveyance, contract, mortgage, trust deed or other lien or claim from or through a purchaser whose interest arises under a contract for conveyance of real property, shall be not affected by the seller s foreclosure or other action on the contract unless such person is made a party to the action brought by the seller to enforce or foreclose the contract. In such action, such person shall be entitled to the same rights and opportunities to cure the purchaser s default or satisfy the purchaser s obligations as are granted the purchaser. [1985 c.718 8; 1987 c.225 4]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
