Association notification of possible sale of facility
(1) A facility owner shall notify, as described in ORS 90.760 (Notice to tenants' association when park becomes subject to listing agreement), the tenants’ association and a facility purchase association within 10 days of receipt of:
(a) Any written offer received by the owner or agent of the owner to purchase the facility which the owner intends to consider; or
(b) Any listing agreement entered into, by the owner or agent of the owner, to effect the sale of the facility.
(2) The notice required by subsection (1) of this section shall be mailed to any association and facility purchase association. [1989 c.919 §8; 1991 c.844 §25; 1995 c.559 §43]
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