You are buying (or selling) a home (or business property), or you are entering into a long-term (for example, 50 years, 99 years) lease of property. On such a sale, Oregon law requires that either the land sale contract or a memorandum of the contract … [Read more...] about Should My Land Sale Contract or Long-Term Lease Be Recorded?
Counties across Oregon are required to begin foreclosure proceedings if the oldest unpaid tax year is three or more years delinquent. Following foreclosure, there is a two year redemption period during which certain interested parties may bring the … [Read more...] about Buyer Beware: The Not So Great Deal of a Tax Foreclosure Sale
Mark Hoyt combines service to the legal profession with a commitment to the community of Salem and Willamette University. A partner in the Salem law firm of Sherman, Sherman, Johnnie & Hoyt, LLP., he represents businesses and individuals in all … [Read more...] about Mark Hoyt Receives 2017 Lestle J. Sparks Medallion from Willamette University
Signed into law earlier this year and taking effect July 11, 2012, SB 1552 creates a statewide foreclosure mediation program and significantly alters the mortgage foreclosure process in Oregon for beneficiaries (lenders) and grantors (borrowers). The Act … [Read more...] about How Does SB 1552 Affect Individuals Holding Trust Deeds?
Too often parties to a real estate transaction assume because they have title insurance they are protected from any defects in the title and all claims from third parties. Unfortunately, this is far from the case. Title insurance only addresses matters … [Read more...] about What Title Insurance Doesn’t Cover