ORS 93.905
Definitions for ORS 93.905 to 93.940


As used in ORS 93.905 (Definitions for ORS 93.905 to 93.940) to 93.940 (Effect of seller’s foreclosure or other action on interest, lien or claim), unless the context requires otherwise:

(1)

“Contract for transfer or conveyance of an interest in real property” shall not include earnest money or preliminary sales agreements, options or rights of first refusal.

(2)

“Forfeiture remedy” means the nonjudicial remedy whereby the seller cancels the contract for default, declares the purchaser’s rights under the contract to be forfeited, extinguishes the debt and retains sums previously paid thereunder by the buyer.

(3)

“Purchase price” means the total price for the interest in the real property as stated in the contract, including but not limited to down payment, other property or value given or promised for which a dollar value is stated in the contract and the balance of the purchase price payable in installments, not including interest. If the contract provides for the conveyance of an interest in more than one parcel of property, the purchase price shall include only the portion of the price attributable to the remaining, unconveyed interest in real property, if the value thereof is separately stated or can be determined from the terms of the contract.

(4)

“Purchaser” means any person who by voluntary transfer acquires a contractual interest in real property, any successor in interest to all or any part of the purchaser’s contract rights of whom the seller has actual or constructive notice, and any person having a subordinate lien or encumbrance of record, including, but not limited to, a mortgagee, a beneficiary under a trust deed and a purchaser under a subordinate contract for transfer or conveyance of an interest in real property.

(5)

“Seller” means any person who transfers or conveys an interest in real property, or any successor in interest of the seller.

(6)

“Unpaid balance” means the sum of the unpaid principal balance, accrued unpaid interest and any sums actually paid by the seller on behalf of the purchaser for items required to be paid by the purchaser, including amounts paid for delinquent taxes, assessments or liens, or to obtain or reinstate required insurance. [1985 c.718 §1]

Source: Section 93.905 — Definitions for ORS 93.905 to 93.940, https://www.­oregonlegislature.­gov/bills_laws/ors/ors093.­html.

Notes of Decisions

Unconsummated transfer of interest in property is not subject to laws regulating forfeiture of land sale contract. Ionian Corporation v. Country Mutual Insurance Co., 836 F. Supp. 2d 1173 (D. Or. 2011)

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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