Oregon Revised Statutes Chapter 100 § 100.460 — Foreclosure against unit; receiver for unit; power of board of directors to bid
Oregon Revised Statutes Chapter 100 ·
Oregon Code § 100.460·Enacted ·Last updated March 01, 2026
Statute Text
Foreclosure against unit; receiver for unit; power of board of directors to bid
at foreclosure sale.
In any foreclosure suit against a unit, the unit owner shall be required to pay
a reasonable rental for the unit, if so provided in the bylaws, and the
plaintiff in such foreclosure shall be entitled to the appointment of a
receiver to collect the rent. The board of directors, acting on behalf of the
unit owners, shall have power, unless prohibited by the declaration, to bid in
the unit at the foreclosure sale, and to acquire and hold, lease, mortgage and
convey the same. [Formerly 94.202]
Plain English Explanation
This Oregon statute addresses Foreclosure against unit; receiver for unit; power of board of directors to bid
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 100.460
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Foreclosure against unit; receiver for unit; power of board of directors to bid
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The formal citation is Oregon Code § 100.460. Use this format in legal documents and court filings.
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