ORS § 105.440

Current through 2024 Regular Session legislation effective June 6, 2024
Section 105.440 - Report of abatement expenditures; court approval; lien
(1) From time to time as the court may order during the receivership, but at least once no later than 60 days after the receivership begins and once no later than 30 days after the receivership terminates, a receiver shall file a report as described in ORS 37.200. Upon the court's approval of the report, the court shall order:
(a) That the property is liable for any net losses of the receiver over the course of the reporting period, including administrative fees of the receiver, plus interest at the greater of the legal rate of interest or the rate charged by any obligations incurred by the receiver for the benefit of the property;
(b) That the county recorder may enter the order as a lien against the property within 60 days after the date of the order; and
(c) That the lien has priority over all other liens, mortgages and encumbrances as provided in ORS 105.445.
(2) Unless all losses of the receiver recited in an order under subsection (1) of this section have been paid, at any time within 60 days after the date of the order, the receiver may file the order with the county recorder as a lien on the property.

ORS 105.440

Amended by 2019 Ch. 191,§ 4, eff. 1/1/2020.
1989 c.649 §7