ORS 280.431: Required condition of purchase for low income single room occupancy housing project.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Low income single room occupancy housing projects shall not be sold to any purchaser who does not agree as a condition of purchase to maintain the property as low income single room occupancy housing for at least 30 years or the term of the mortgage, whichever period is shorter. [1981 c.368 §7]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors280.html