2015 Oregon Revised Statutes
Volume : 01 - Courts, Oregon Rules of Civil Procedure
Chapter 018 - Judgments
Section 18.988 - Seller's right to receive payments under land sale contract.

OR Rev Stat § 18.988 (2015) What's This?

(1) Except as provided by this section, the right of a seller to receive payments under a land sale contract, as defined by ORS 18.960:

(a) May not be sold pursuant to a writ of garnishment;

(b) May be sold only under a writ of execution in conjunction with a sale of the seller's interest in the real property; and

(c) Must be levied on and sold in the same manner as provided for real property under ORS 18.860 to 18.993.

(2) This section does not affect the ability of a judgment creditor to garnish payments owed to a seller under a land sale contract, as defined by ORS 18.960, that are due when the writ of garnishment is delivered or within 45 days after the writ of garnishment is delivered, as provided by ORS 18.685 (5).

[2005 c.542 §51]

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.