Oregon § 696.650 Definitions

Oregon Statutes

§ 696.650 — Definitions

Oregon § 696.650

Vol.17

Title 52Occupations and Professions

Ch. 696Real Estate and Escrow Activities

This text of Oregon § 696.650 (Definitions) 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. § 696.650 (2026).

Text

As used in ORS 696.650 to 696.670 and 696.997:

(1)“Market” means to advertise, or contract with another person or entity to advertise, or to solicit purchasers for the purchase of property either publicly or privately.

(2)“Residential property” means real property zoned for residential use, or an existing condominium unit as defined in ORS 100.005.

(3)“Residential property wholesaler” means any individual who engages in residential property wholesaling and is registered as a residential property wholesaler under ORS 696.656.

(4)“Residential property wholesaling” means to market residential property for which the marketer has only an equitable interest or an option to purchase and, at the time of marketing, the marketer has:

(a)Held such interest or option for fewer than 90 days; and (

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As used in ORS 696.650 to 696.670 and 696.997:
(1) “Market” means to advertise, or contract with another person or entity to advertise, or to solicit purchasers for the purchase of property either publicly or privately.
(2) “Residential property” means real property zoned for residential use, or an existing condominium unit as defined in ORS 100.005.
(3) “Residential property wholesaler” means any individual who engages in residential property wholesaling and is registered as a residential property wholesaler under ORS 696.656.
(4) “Residential property wholesaling” means to market residential property for which the marketer has only an equitable interest or an option to purchase and, at the time of marketing, the marketer has:
(a) Held such interest or option for fewer than 90 days; and
(b) Invested less than $10,000 in land development or improvement costs associated with the residential property.