Oregon — State Statute

Oregon Revised Statutes Chapter 545 § 545.484 — and 545.494 is not paid when due, interest shall be charged and

Oregon Revised Statutes Chapter 545 ·
Oregon Code § 545.484 · Enacted · Last updated March 01, 2026
Statute Text
and 545.494 is not paid when due, interest shall be charged and collected on the incurred charge or installment at the rate of one and one-third percent per month, or fraction of a month, until paid. (3) If a notice of claim of lien has been filed under ORS 545.494, the costs of the filing and any costs of removing the lien, including but not limited to recording and filing fees, title search fees and a reasonable administrative fee, shall be charged and collected. [Amended by 1981 c.71 §1; 1991 c.459 §423g; 1993 c.771 §16; 1995 c.42 §116; 1995 c.754 §8; 2001 c.476 §3]
Plain English Explanation
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