Property Ownership
Under Oregon law, a mechanic's lien takes priority over a deed of trust if:
AThe construction began before the deed of trust was recorded✓ Correct
BThe lender approved the construction
CThe contractor registered with Oregon CCB
DThe property is owner-occupied
Explanation
In Oregon, a mechanic's lien has priority as of the date construction commenced on the project. If construction visibly started before a deed of trust was recorded, the mechanic's lien can take priority over the deed of trust — a major risk for lenders financing construction projects.
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