Oregon Lien Law changes

The Oregon court of appeals recently confirmed that persons that accept a mortgage or trust deed as a security for a construction lien debt may forfeit their right to a lien claim.

Also note that the Oregon legislature repealed its “stay of foreclosure” law that allowed property owners to stay a construction lien law foreclosure action by filing a complaint with the Construction Contractors Board. The repeal is only a temporary effect and will resume in 2017. Please check with your attorney.