Oregon Statutes 93.910 – Enforcement of forfeiture remedy after notice of default
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Whenever a contract for transfer or conveyance of an interest in real property provides a forfeiture remedy, whether the remedy is self-executing or is optional, forfeiture of the interest of a purchaser in default under the contract may be enforced only after notice of the default has been given to the purchaser as provided in ORS § 93.915, notwithstanding any provision in the contract to the contrary. [1985 c.718 § 2]
Terms Used In Oregon Statutes 93.910
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.