Trade Regulation

ORS 646A.702
Definitions for ORS 646A.702 to 646A.720

As used in ORS 646A.702 (Definitions for ORS 646A.702 to 646A.720) to 646A.720 (Prohibited acts of foreclosure consultant):


“Default” means having one or more homeowner obligations in arrears to an extent that a notice of default could properly be recorded against the residence.


“Family” means a spouse, domestic partner, parent, stepparent, grandparent, child, stepchild, grandchild, sibling, aunt, uncle, cousin or in-law.


“Foreclosure consultant,” except as provided in ORS 646A.705 (Persons that are not foreclosure consultants), means a person that directly or through association with another makes a solicitation, representation or offer to a homeowner to perform, for or with the intent to receive compensation from or on behalf of the homeowner, a service that the solicitation, representation or offer indicates will accomplish one or more of the following:


Prevent, postpone or stop a foreclosure sale.


Obtain a forbearance from a beneficiary or mortgagee.


Assist the homeowner in exercising a right of redemption.


Obtain an extension of the period within which the homeowner may reinstate the homeowner’s obligation.


Obtain the waiver of an acceleration clause that is:


Contained in a promissory note or contract; and


Secured by or contained in a deed of trust for, or mortgage on, a residence in foreclosure or in default.


Assist the homeowner in obtaining a loan or advance of funds.


Avoid or ameliorate an impairment of the homeowner’s credit resulting from a recorded notice of foreclosure or default.


“Foreclosure consulting contract” means an agreement between a foreclosure consultant and a homeowner for the provision of services by a foreclosure consultant in regard to a residence in foreclosure or in default.


“Homeowner” means the record owner of a residence.


“Residence in foreclosure” means residential real property:


Consisting of one to four single-family dwelling units;


On which the owner occupies a dwelling unit; and


Against which a notice of default has been recorded. [2008 c.19 §2]
§§ 646A.600 to 646A.628

Law Review Citations

52 WLR 451 (2016)

§§ 646A.400 to 646A.418

(formerly 646.315 to 646.375)

Notes of Decisions

Where purchaser fails to provide notice of condition requiring repair, presumption does not arise that repair time exceeding 30 business days demonstrates inability of manufacturer to conform vehicle. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Repair time exceeding 30 business days as evidence of inability to conform vehicle applies only to presently existing defect. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Law Review Citations

19 WLR 329 (1983)


Last accessed
Jun. 26, 2021