Small Scale Local Energy Projects

ORS 470.690
Avoidance of foreclosure

A person that acquired an interest in a property in good faith and for a valuable consideration before the date a lien described in ORS 470.680 (State Department of Energy to identify forms of acceptable security) or 470.685 (Recording liens) attached to the property under ORS 470.170 (Security for loan) may avoid foreclosure of the lien by paying any delinquencies and collection costs associated with the underlying loan repayment charge and assuming normal payments in compliance with the energy efficiency and sustainable technology loan agreement repayment provisions. [2009 c.753 §38]


Last accessed
May 30, 2023