ORS 18.962¹
Property that may be redeemed

(1) All real property sold at an execution sale may be redeemed except for a leasehold interest with an unexpired term of less than two years.

(2) A manufactured dwelling, as defined by ORS 446.003 (Definitions for ORS 446.003 to 446.200 and 446.225 to 446.285 and ORS chapters 195, 196, 197, 215 and 227), may be redeemed only if the manufactured dwelling is sold together with the real property on which the manufactured dwelling is located.

(3) The right of a seller to receive payments under a land sale contract that is sold with the real property may be redeemed.

(4) Except as provided in ORS 18.987 (Purchaser's interest in land sale contract) (3), a purchaser’s interest in a land sale contract may be redeemed. [2005 c.542 §38]

Notes of Decisions

Under Former Similar Statutes (ORS 18.565 to 18.598)

Redemp­tion statutes are remedial and are to be liberally construed. Silbernagel v. Goin, 31 Or App 545, 570 P2d 1011 (1977), Sup Ct review denied

Law Review Cita­tions

Under Former Similar Statutes (ORS 18.565 to 18.598)

67 OLR 287 (1988)

1 Legislative Counsel Committee, CHAPTER 18—Judgments, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors18.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 18, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­018ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
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