Oregon Code § 100.785·Enacted ·Last updated March 01, 2026
Statute Text
Blanket encumbrance prohibited.
(1) Subject to the provisions of ORS 100.720, 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]
ENFORCEMENT