Escrow & Title
In Oregon, the 'priority' of a deed of trust lien is generally established by:
AThe date the loan was approved by the lender
BThe date the deed of trust was recorded in the county public records✓ Correct
CThe amount of the loan secured
DThe date the purchase contract was signed
Explanation
Under Oregon's recording system, the priority of a deed of trust lien is established by the date and time it is recorded in the county public records. 'First in time, first in right' — the first deed of trust recorded has priority over subsequently recorded liens.
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