Oregon Revised Statutes Chapter 280 § 280.431 — Required condition of purchase for low income single room occupancy housing
Oregon Revised Statutes Chapter 280 ·
Oregon Code § 280.431·Enacted ·Last updated March 01, 2026
Statute Text
Required condition of purchase for low income single room occupancy housing
project.
Low
income single room occupancy housing projects shall not be sold to any
purchaser who does not agree as a condition of purchase to maintain the
property as low income single room occupancy housing for at least 30 years or
the term of the mortgage, whichever period is shorter. [1981 c.368 §7]
Plain English Explanation
This Oregon statute addresses Required condition of purchase for low income single room occupancy housing
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 280.431
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Required condition of purchase for low income single room occupancy housing
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