Oregon — State Statute

Oregon Revised Statutes Chapter 105 § 105.320 — Compensation of tenants in case of sale

Oregon Revised Statutes Chapter 105 ·
Oregon Code § 105.320 · Enacted · Last updated March 01, 2026
Statute Text
Compensation of tenants in case of sale. Any person entitled to an estate for life or years in any undivided part of the property, whose estate has been sold, shall be entitled to receive such sum in gross as is, deemed, upon principles of law applicable to annuities, a reasonable satisfaction for the estate. If the person so entitled consents to that sum, the person shall accept it by executing an instrument that is duly acknowledged or proved in the same manner as deeds for the purpose of record, and filed with the clerk.
Plain English Explanation
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Key Points
Frequently Asked Questions
This section of Oregon law addresses Compensation of tenants in case of sale. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 105.320. Use this format in legal documents and court filings.
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