Oregon Statutes 105.462 – Definitions for ORS 105.462 to 105.490
Current as of: 2023 | Check for updates
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For purposes of ORS § 105.462 to 105.490:
Terms Used In Oregon Statutes 105.462
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(1) ‘Financial institution’ has the meaning given that term in ORS § 706.008. ‘Financial institution’ includes a:
(a) Trust company, as that term is defined in ORS § 706.008;
(b) Mortgage banker, as that term is defined in ORS § 86A.100;
(c) Mortgage broker, as that term is defined in ORS § 86A.100; and
(d) Consumer finance company that is licensed under ORS Chapter 725.
(2) ‘Real estate licensee’ has the meaning given that term in ORS § 696.010. [2003 c.328 § 4; 2005 c.287 § 1]