Property Ownership
In Oregon, what is the 'recording act' and what protection does it provide?
AA law requiring all oral agreements be recorded
BOregon's race-notice recording statute that protects subsequent purchasers who record first without notice of prior unrecorded interests✓ Correct
CA federal law governing recording fees
DA statute requiring all deeds to be witnessed by two people
Explanation
Oregon follows a race-notice recording statute — a subsequent purchaser (or encumbrancer) is protected from prior unrecorded interests if they: (1) have no actual or constructive notice of the prior interest, AND (2) record their instrument before the prior interest is recorded. This rewards diligent recording and protects buyers who conduct proper title searches and record promptly.
Related Oregon Property Ownership Questions
- In Oregon, a 'licensee' interest in land differs from an 'easement' primarily because:
- In Oregon, a 'covenant running with the land' is a restriction that:
- An Oregon homeowner's 'homestead exemption' provides:
- A 'survey' of real property defines:
- Under Oregon law, property acquired by a married person as a gift from a third party is typically:
- An Oregon homeowner wants to grant their adult child a life estate in their home, with the home reverting to the homeowner's estate at the child's death. The homeowner remains the:
- In Oregon, which document is used to convey real property?
- In Oregon, a 'right of first refusal' (ROFR) for a neighboring property owner means:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →