Oregon Statutes 455.350 – Purchasers remedies
Current as of: 2023 | Check for updates
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(1) An individual who purchases an owner-built dwelling or outbuilding exempted from the structural code under ORS § 455.325 to 455.350 from an owner who has not complied with ORS § 455.345 (3) or (4) shall have a cause of action against the seller, within two years of the date of making the sale contract, for actual damages, if any.
Terms Used In Oregon Statutes 455.350
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Structural code: means the specialty code prescribing structural standards for building construction. See Oregon Statutes 455.010
(2) Noncompliance with ORS § 455.345 (3) or (4) shall not affect, in any manner, any conveyance of interest in property exempted from the structural code under ORS § 455.330. [Formerly 456.950]
(Mercury Thermostats)