Oregon Revised Statutes Chapter 18 § 18.924 — Notice

Notice of sale of real property. (1) Before conducting an execution sale of real property, a sheriff shall: (a) Post notice of the sale on the website established under ORS 18.926 for at least 28 days; and (b) Publish notice of the sale in a newspaper, as defined in ORS 193.010, in the county where the real property is located once a week for four successive weeks. (2) The notice posted on the website and published in the newspaper under subsection (1) of this section must include: (a) The names of the parties subject to the writ of execution; (b) The street address of the property or, if there is no street address, the tax lot number of the property; and (c) The date, time and place of the execution sale. (3) In addition to the information listed in subsection (2) of this section, the notice posted on the website under subsection (1) of this section must include: (a) The legal description of the property; and (b) The notice to debtor and notice to prospective bidders prescribed in subsections (4) and (5) of this section. (4) The notice to debtor required by subsection (3) of this section must be in substantially the following form: ______________________________________________________________________________ NOTICE TO DEBTOR You should be careful about offers to sell rights to surplus funds. You may have a right to surplus funds remaining after payment of costs and satisfaction of the judgment, as provided in ORS 18.950 (4). If you transfer or sell your right to redemption, you might not have the right to surplus funds. ______________________________________________________________________________ (5) The notice to prospective bidders required by subsection (3) of this section must be in substantially the following form: ______________________________________________________________________________ NOTICE TO PROSPECTIVE BIDDERS Before bidding at the sale, a prospective bidder should independently investigate: (a) The priority of the lien or interest of the judgment creditor; (b) Land use laws and regulations applicable to the property; (c) Approved uses for the property; (d) Limits on farming or forest practices on the property; (e) Rights of neighboring property owners; and (f) Environmental laws and regulations that affect the property. ______________________________________________________________________________ (6) In addition to the information listed in subsection (2) of this section, a notice published in the newspaper under subsection (1) of this section must include instructions for locating the information posted on the website under subsection (1) of this section. (7) The sheriff is not required to post or publish the notice of sale of real property under this section until the judgment creditor provides the sheriff with all of the information required under subsections (2) and (3) of this section. (8) Before any execution sale of real property, the sheriff shall: (a) Mail copies of the notice of sale posted on the website under subsection (1) of this section by first class mail and by certified mail, return receipt requested, to the judgment debtor at the address provided in the instructions to the sheriff; (b) Mail a copy of the notice of sale posted on the website under subsection (1) of this section by first class mail to any attorney for the judgment debtor identified in the instructions at the address provided in the instructions; and (c) Mail a copy of the notice of sale posted on the website under subsection (1) of this section by first class mail to any other person listed in the instructions pursuant to ORS 18.918 at the address provided in the instructions. (9) The notices required by subsection (8) of this section must be mailed not less than 28 days before an execution sale is conducted. (10) Before any execution sale of real property for which the judgment creditor has provided a street address under ORS 18.875 (3), the sheriff shall post the notice of the sale posted on the website under subsection (1) of this section in a conspicuous place on the property. The notice must be posted not more than seven days after the sheriff mails notices as required by subsection (8) of this section. [2005 c.542 §23; 2009 c.835 §6; 2011 c.195 §11; 2011 c.429 §4; 2013 c.464 §1; 2019 c.309 §3]