Oregon § 86.160 Definitions for ORS 86.160 to 86.185

Oregon Statutes

§ 86.160 — Definitions for ORS 86.160 to 86.185

Oregon § 86.160

Vol.2

Title 9Mortgages and Liens

Ch. 86Mortgages; Trust Deeds

This text of Oregon § 86.160 (Definitions for ORS 86.160 to 86.185) 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. § 86.160 (2026).

Text

As used in ORS 86.160 to 86.185:

(1)“Late charge” means a sum payable by a mortgagor to the holder of a mortgage pursuant to a note or mortgage to compensate the holder for servicing and other costs attributable to the receipt of mortgage payments from the mortgagor after the date upon which payment is due.

(2)“Mortgagor” includes the grantor under a deed of trust.

(3)“Mortgage” includes a deed of trust.

(4)“Residential real property” means a single-family, owner-occupied dwelling and appurtenances.

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As used in ORS 86.160 to 86.185:
(1) “Late charge” means a sum payable by a mortgagor to the holder of a mortgage pursuant to a note or mortgage to compensate the holder for servicing and other costs attributable to the receipt of mortgage payments from the mortgagor after the date upon which payment is due.
(2) “Mortgagor” includes the grantor under a deed of trust.
(3) “Mortgage” includes a deed of trust.
(4) “Residential real property” means a single-family, owner-occupied dwelling and appurtenances.