OAR 441-446-0110: Definitions

As used in OAR 441-446-0100 through 441-446-0300 and ORS chapter 446, unless the context clearly indicates otherwise, the following definitions apply: (1) "Corrected license" means: (a) A limited manufactured structure dealer license that has been amended by the director to reflect a change in the identified operator of a manufactured dwelling park under ORS 446.706; or (b) A manufactured structure dealer license that has been amended by the director to reflect an additional place of business, a change in the manufactured structure dealer’s place of business, or a change in the dealer’s business name under ORS 446.716.(2) "Dealer" means a person who is required to be licensed under ORS 446.691, 446.696, 446.701 or 446.706. (3) "Dealership," "place of business," or "business location" means a physical location within the state where a dealer conducts activity described in ORS 446.671. (4) "Director" means the Director of the Department of Consumer and Business Services. (5) “Manufactured dwelling buyer’s disclosure form” means the form developed in April 2010 by the director as authorized under ORS 446.260 and made available on the Internet at http://bcd.oregon.gov/programs/mdprogram/mh_buyer_disclosure_040110.pdf (6) “Mortgage loan originator” has the same meaning given to that term in ORS 86A.200. (7) “NMLS Consumer Access” means the publicly-available compilation of information on licensed and registered mortgage loan originators maintained by the State Regulatory Registry, LLC and made available on the Internet at http://www.nmlsconsumeraccess.org/. (8) “Residential mortgage loan” has the same meaning given to that term in ORS 86A.200, but for the purposes of OAR chapter 441, division 446, is limited to a personal property loan obtained to purchase a previously owned manufactured dwelling in a manufactured dwelling park.