Oregon Code § 83.740·Enacted ·Last updated March 01, 2026
Statute Text
Duties
of seller upon cancellation of sale or revocation of offer to purchase.
(1) The seller must tender to the
buyer any payments made by the buyer and any note or other evidence of
indebtedness within 10 days after a home solicitation sale has been canceled or
an offer to purchase has been revoked.
(2) If the down
payment includes goods traded in, the goods must be tendered in substantially
as good condition as when received by the seller. If the seller fails to tender
the goods as provided by this section, the buyer may elect to recover an amount
equal to the trade-in allowance stated in the agreement.
(3) The buyer may
retain possession of goods delivered to the buyer by the seller, and has a lien
on the goods in the possession or control of the buyer for any recovery to
which the buyer is entitled, until the seller has complied with the obligations
imposed by this section. [1971 c.744 §21(4); 1977 c.170 §3]
Plain English Explanation
This Oregon statute addresses Duties
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 83.740
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Duties
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