ORS
100.785¹
Blanket encumbrance prohibited
(1) Subject to the provisions of ORS 100.720 (Conditions prerequisite to sale), a condominium unit may not be conveyed by a developer subject to a blanket encumbrance.
(2) Notwithstanding subsection (1) of this section, the developer shall conform to an alternative requirement or method which the Real Estate Commissioner may deem acceptable to afford a purchaser the protection provided by the prohibition in subsection (1) of this section. [Formerly 94.465; 2001 c.756 §56]
1 Legislative Counsel Committee, CHAPTER 100—Condominiums, https://www.oregonlegislature.gov/bills_laws/ors/ors100.html (2019) (last accessed May 16, 2020).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Statutes, Cumulative Supplement - 2019, Chapter 100, https://www.oregonlegislature.gov/bills_laws/ors/ano100.html (2019) (last accessed May 16, 2020).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information