Oregon § 86.265 Effect of lender violation of ORS 86.205 to 86.275

Oregon Statutes

§ 86.265 — Effect of lender violation of ORS 86.205 to 86.275

Oregon § 86.265

Vol.2

Title 9Mortgages and Liens

Ch. 86Mortgages; Trust Deeds

This text of Oregon § 86.265 (Effect of lender violation of ORS 86.205 to 86.275) 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. § 86.265 (2026).

Text

A violation of ORS 86.205 to 86.275 by a lender shall render the lender’s security protection provision voidable at the option of the borrower, and the lender shall be liable to the borrower in an amount equal to:

(1)The borrower’s actual damages or $100, whichever is greater, and

(2)In the case of any successful action to enforce the foregoing liability, the court costs of the action together with reasonable attorney fees at trial and on appeal as determined by the court if the court finds that written demand for the payment of the borrower’s claim was made on the lender not less than 10 days before the commencement of the action. No attorney fees shall be allowed to the borrower if the court finds that the lender tendered to the borrower, prior to the commencement of the action, an amo

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

A violation of ORS 86.205 to 86.275 by a lender shall render the lender’s security protection provision voidable at the option of the borrower, and the lender shall be liable to the borrower in an amount equal to:
(1) The borrower’s actual damages or $100, whichever is greater, and
(2) In the case of any successful action to enforce the foregoing liability, the court costs of the action together with reasonable attorney fees at trial and on appeal as determined by the court if the court finds that written demand for the payment of the borrower’s claim was made on the lender not less than 10 days before the commencement of the action. No attorney fees shall be allowed to the borrower if the court finds that the lender tendered to the borrower, prior to the commencement of the action, an amount not less than the damages awarded to the borrower.