Oregon § 12.132 Action arising out of real estate appraisal activity or appraisal review

Oregon Statutes

§ 12.132 — Action arising out of real estate appraisal activity or appraisal review

Oregon § 12.132

Vol.1

Title 2Procedure in Civil Proceedings

Ch. 12Limitations of Actions and Suits

This text of Oregon § 12.132 (Action arising out of real estate appraisal activity or appraisal review) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 12.132 (2026).

Text

(1)Except as provided in subsection (2) of this section, an action arising out of real estate appraisal activity, as defined in ORS 674.010, or appraisal review, as defined in ORS 674.200, must be commenced before the earlier of:

(a)Two years after the date on which the person commencing the action knew or should have known the facts on which the action is based; or

(b)Five years after the date on which the real estate appraisal activity or appraisal review on which the action is based was completed or should have been completed.

(2)Subsection (1)(b) of this section does not apply to an action arising out of real estate appraisal activity or appraisal review based on fraud or misrepresentation.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Except as provided in subsection (2) of this section, an action arising out of real estate appraisal activity, as defined in ORS 674.010, or appraisal review, as defined in ORS 674.200, must be commenced before the earlier of:
(a) Two years after the date on which the person commencing the action knew or should have known the facts on which the action is based; or
(b) Five years after the date on which the real estate appraisal activity or appraisal review on which the action is based was completed or should have been completed.
(2) Subsection (1)(b) of this section does not apply to an action arising out of real estate appraisal activity or appraisal review based on fraud or misrepresentation.