Oregon Code § 86.010·Enacted ·Last updated March 01, 2026
Statute Text
Nature
of mortgagees interest.
A mortgage of real property is not a conveyance so as to enable the owner of
the mortgage to recover possession of the property without a foreclosure and
sale. This section is not intended as a limitation upon the right of the owner
of real property to mortgage or pledge the rents and profits thereof, nor as
prohibiting the mortgagee or pledgee of such rents and profits, or any trustee
under a mortgage or trust deed from entering into possession of any real
property, other than farmlands or the homestead of the mortgagor or successor
in interest, for the purpose of operating the same and collecting the rents and
profits thereof for application in accordance with the provisions of the
mortgage or trust deed or other instrument creating the lien, nor as any
limitation upon the power of a court of equity to appoint a receiver to take
charge of the property and collect the rents and profits thereof.
Plain English Explanation
This Oregon statute addresses Nature
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 86.010
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Nature
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The formal citation is Oregon Code § 86.010. Use this format in legal documents and court filings.
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