Oregon Revised Statutes Chapter 86 § 86.120 — Discharge of mortgage on real property; effect of discharge
Oregon Revised Statutes Chapter 86 ·
Oregon Code § 86.120·Enacted ·Last updated March 01, 2026
Statute Text
Discharge of mortgage on real property; effect of discharge.
No mortgage upon real property
shall be discharged except as provided in ORS 86.110 or by the person appearing
upon the records of the county where the mortgage is recorded to be the owner
thereof. A discharge of the mortgage by such person shall operate to free the
land described in the mortgage from the lien of the mortgage as against all
subsequent purchasers and incumbrances for value and without notice.
Plain English Explanation
This Oregon statute addresses Discharge of mortgage on real property; effect of discharge. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 86.120
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Discharge of mortgage on real property; effect of discharge. Read the full statute text above for details.
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The formal citation is Oregon Code § 86.120. Use this format in legal documents and court filings.
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