ORS 223.650: Redemption; no deficiency judgment.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The time and manner for redemption of property from sales on execution in suits authorized by ORS 223.610 shall be the same as provided by law for the redemption of real property from sales on execution. The amount to be paid on redemption under this section shall be the amount for which the property was sold on execution, together with interest thereon at the rate of six percent per annum from the date of the sale until the date of redemption. However, no deficiency judgment shall be entered against the owner of the property.
This rule cites
- ORS 223.610 — resolved
Cited by
- ORS 223.001: Definitions.
- ORS 223.393: Estimated and final assessments become liens.
- ORS 223.593: Alternate redemption procedure; cash payment required.
- ORS 223.605: Definition for ORS 223.605 to 223.650.
- ORS 223.620: Laws applicable to foreclosure proceedings.
- ORS 223.680: Local government programs to finance utilities improvements to real property.
- ORS 223.685: Local government programs to finance seismic rehabilitation of real property.
- ORS 454.445: Lien against assessed property; docket; enforcement.
- ORS 758.235: Applicability of local improvement laws; issuance of bonds.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors223.html