ORS 93.915
Notice of default

  • contents
  • recordation
  • time of forfeiture
  • interim measures

(1)

In the event of a default under a contract for conveyance of real property, a seller who wishes to enforce a forfeiture remedy must give written notice of default by service pursuant to ORCP 7 D(2) and 7 D(3), or by both first class and certified mail with return receipt requested, to the last-known address of the following persons or their legal representatives, if any:

(a)

The purchaser.

(b)

An occupant of the property.

(c)

Any person who has caused to be filed for record in the county clerk’s office of a county in which any part or parcel of the real property is situated, a duly acknowledged request for a copy of any notice of default served upon or mailed to the purchaser. The request shall contain the name and address of the person requesting copies of the notice and shall identify the contract by stating the names of the parties to the contract, the date of recordation of the contract and the book and page where the contract is recorded. The county clerk shall immediately make a cross-reference of the request to the contract, either on the margin of the page where the contract is recorded or in some other suitable place. No request, statement or notation placed on the record pursuant to this section shall affect title to the property or be deemed notice to any person that any person so recording the request has any right, title, interest in, lien or charge upon the property referred to in the contract.

(2)

Notices served by mail are effective when mailed.

(3)

The notice shall specify the nature of the default, the amount of the default if the default is in the payment terms, the date after which the contract will be forfeited if the purchaser does not cure the default and the name and address of the seller or the attorney for the seller. The period specified in the notice after which the contract will be forfeited may not be less than:

(a)

Sixty days, when the purchaser has reduced the unpaid balance to an amount greater than 75 percent of the purchase price;

(b)

Ninety days, when the purchaser has reduced the unpaid balance to an amount which is more than 50 percent but less than 75 percent of the purchase price; or

(c)

One hundred twenty days, when the purchaser has reduced the unpaid balance to an amount which is 50 percent or less of the purchase price.

(4)

The seller shall cause to be recorded in the real property records of each county in which any part of the property is located a copy of the notice, together with an affidavit of service or mailing of the notice of default, reciting the date the notice was served or mailed and the name and address of each person to whom it was given. From the date of recording, the notice and affidavit shall constitute constructive notice to third persons of the pending forfeiture. If, not later than one year after the time for cure stated in a recorded notice and affidavit or any recorded extension thereof, no declaration of forfeiture based upon the recorded notice and affidavit has been recorded and no extension of time for cure executed by the seller has been recorded, the notice and affidavit shall not be effective for any purpose nor shall it impart any constructive or other notice to third persons acquiring an interest in the purchaser’s interest in the contract or the property or any portion of either. Any extension of time for cure executed by the seller shall be recorded in the same manner as the original notice and affidavit.

(5)

The statement contained in the notice as to the time after which the contract will be forfeited if the default is not cured shall conclusively be presumed to be correct, and the notice adequate, unless one or more recipients of such notice notifies the seller or the attorney for the seller, by registered or certified mail, that such recipient claims the right to a longer period of time in which to cure the default.

(6)

Subject to the procedural requirements of the Oregon Rules of Civil Procedure and the Oregon Receivership Code, as applicable, an action may be instituted to appoint a receiver or to obtain a temporary restraining order during forfeiture under a land sale contract, except that a receiver shall not be appointed with respect to a single-family residence which is occupied at the time the notice of default is given, as the principal residence of the purchaser, the purchaser’s spouse or the purchaser’s minor dependent children. [1985 c.718 §3; 1987 c.717 §1; 1991 c.12 §1; 2017 c.358 §49]

Source: Section 93.915 — Notice of default; contents; recordation; time of forfeiture; interim measures, https://www.­oregonlegislature.­gov/bills_laws/ors/ors093.­html.

Notes of Decisions

Notice of default sent to person holding power of attorney for purchaser was sufficient. Ho v. Presbyterian Church of Laurelhurst, 116 Or App 115, 840 P2d 1340 (1992), Sup Ct review denied

Where required information not stated directly in notice could be readily determined from information given, notice was sufficient. Ho v. Presbyterian Church of Laurelhurst, 116 Or App 115, 840 P2d 1340 (1982), Sup Ct review denied; Carroll v. Newcomb, 132 Or App 526, 888 P2d 1062 (1995)

Where plaintiff notified defaulting defendant of plaintiff’s intent to enforce forfeiture remedy and deadline to cure default, and defendant received notice and did not claim extension of time in which to cure default, this section presumes plaintiff’s deadline is correct and notice of default is legally adequate. Harvey v. Davis, 276 Or App 680, 371 P3d 1208 (2016)

93.010
Conveyances, how made
93.020
Creating, transferring or declaring estates or interests in realty
93.030
Contracts to convey, instruments of conveyance and related memoranda to state consideration
93.040
Mandatory statements for sales agreements, earnest money receipts or other instruments for conveyance of fee title to real property
93.050
Gift or conveyance of life estate
93.110
Quitclaim deed sufficient to pass estate
93.120
Words of inheritance unnecessary to convey fee
93.130
Conveyance of land in adverse possession of another
93.140
Implied covenants
93.150
Conveyance by tenant of greater estate than that possessed
93.160
Conveyance by reversioners and remainderpersons to life tenant vests fee
93.180
Forms of tenancy in conveyance or devise to two or more persons
93.190
Trustees or personal representatives as joint tenants
93.200
Trustees or executors now hold as joint tenants
93.210
Presumption respecting deed from trustee of undisclosed beneficiary
93.220
Release, limitation or restriction of power of appointment
93.230
Copy of Department of State Lands deed or patent given when original lost
93.240
Rights to deferred installments of purchase price where two or more persons join as sellers of real property
93.250
Effect of conveyance creating fee simple conditional or fee tail
93.260
Tax statement information required in conveyancing instrument
93.265
Notice to real property manager of certain actions
93.268
Notice to state agency of transfer or encumbrance of real property by title insurance company
93.269
Declaration or covenant related to future fees, commissions or payments to declarant
93.270
Certain restrictions in instruments prohibited
93.272
Procedure for removal of certain restrictions
93.274
Procedure for removal of discriminatory restrictions
93.275
Incidents not material facts to real property transaction
93.277
Restrictions on development of certain housing prohibited
93.280
Manner of conveyance to create joint property rights
93.285
Procedure for enforcement of contractual requirement for delivery of deed of conveyance
93.286
Effects of fulfillment of contract for sale by enforcement of requirement for delivery of deed of conveyance
93.290
Risk of loss after contract to sell realty has been executed
93.295
Construction of ORS 93.290 to 93.300
93.300
Short title
93.310
Rules for construing description of real property
93.312
Oregon Coordinate System
93.410
Execution and acknowledgment of deeds
93.420
Execution of deed where personal representative, guardian or conservator is unable or refuses to act
93.440
Proof of execution by subscribing witness
93.450
Proof where witnesses are dead or absent
93.460
Subpoena to compel witness to testify to execution of deed
93.470
Indorsement of certificate of proof
93.480
Deed acknowledged or proved as evidence
93.530
Execution, acknowledgment and recordation of assignments of sheriffs’ certificates of sale
93.600
Description of real property for purposes of recordation
93.610
Separate books for recording deeds and mortgages
93.620
Time and place of recording
93.630
Index to record of deeds, mortgages and other real property interests
93.635
Acknowledgment and recording of instruments contracting to convey fee title
93.640
Unrecorded instrument affecting title or unrecorded assignment of sheriff’s certificate of sale void as to subsequent purchaser
93.643
Method of giving constructive notice of interest in real property
93.645
Priority of purchaser
93.650
Effect of record or certified transcript in evidence
93.660
Effect of abstract of title as evidence
93.670
Power of attorney and executory contract for sale or purchase of lands
93.680
Patents, judgments and official grants
93.690
Recording of instruments evidencing passage of title to land from United States to State of Oregon
93.710
Instruments or memoranda creating certain interests in realty
93.730
Recordation of judgment in other counties
93.740
Notice of lis pendens
93.760
Recordability of documents, orders and decrees of the United States District Court
93.770
Recordability of notices of bankruptcy and petitions, orders and judgments from bankruptcy cases
93.779
Definitions for ORS 93.779 to 93.802
93.780
Recordation of master form instrument
93.790
Incorporation of master form instrument by reference in short form instrument
93.800
Matter not to be recorded when accompanying short form instrument
93.802
Recordation of short form instrument
93.804
Requirement for original signatures for recording
93.806
Recordation of instrument creating certain liens
93.808
Approval of governmental unit required to record certain instruments
93.810
Validating and curative Acts
93.850
Warranty deed form
93.855
Special warranty deed form
93.860
Bargain and sale deed form
93.865
Quitclaim deed form
93.870
Statutory deed forms optional
93.905
Definitions for ORS 93.905 to 93.940
93.910
Enforcement of forfeiture remedy after notice of default
93.913
Forfeiture allowed for default under certain collateral assignments of interest
93.915
Notice of default
93.918
Continuation of proceedings after certain types of stay ordered by court
93.920
Curing default to avoid forfeiture
93.925
Failure to cure default
93.930
Recording affidavit after forfeiture
93.935
Effect of purchaser’s abandonment or reconveyance on interest, lien or claim
93.940
Effect of seller’s foreclosure or other action on interest, lien or claim
93.945
Application of ORS 93.910 to 93.940
93.948
URPTDA 1. Short title
93.949
URPTDA 2. Definitions
93.950
URPTDA 3. Applicability
93.951
URPTDA 4. Nonexclusivity
93.953
URPTDA 5. Authority for transfer on death deed
93.955
URPTDA 6. Revocability of transfer on death deed
93.957
URPTDA 7. Nontestamentary nature of transfer on death deed
93.959
URPTDA 8. Capacity of transferor
93.961
URPTDA 9. Requirements
93.963
URPTDA 10. Notice
93.965
URPTDA 11. Revocation by instrument
93.967
URPTDA 12. Effect of transfer on death deed during transferor’s life
93.969
URPTDA 13. Effect of transfer on death deed at transferor’s death
93.971
URPTDA 14. Disclaimer
93.973
URPTDA 15. Liability for creditor claims and statutory allowances
93.975
URPTDA 16. Form of transfer on death deed
93.977
URPTDA 17. Form of instrument revoking transfer on death deed
93.979
Relation to Electronic Signatures in Global and National Commerce Act
93.981
Effect of divorce or annulment on transfer on death deed
93.983
Transfer to parent who deserted or neglected transferor
93.985
Forfeiture of transfer by parent who deserted or neglected transferor
93.990
Penalties
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