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Oregon https://www.oregonlegislature.gov/bills_laws/Pages/ORS.aspxStatutory Outline VOLUME 2. BUSINESS ORGANIZATIONS, COMMERCIAL CODE. CHAPTER 87. STATUTORY LIENS. STATUTORY LIENS MORTGAGES AND LIENS
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What is ORS Chapter 87 statutory liens?
ORS Chapter 87 addresses statutory liens, which are legal claims against property to secure payment for debts or obligations, typically related to services performed or materials supplied.
Who is required to file ORS Chapter 87 statutory liens?
Obligees such as contractors, subcontractors, suppliers, and service providers who wish to secure payment for their services or materials provided must file ORS Chapter 87 statutory liens.
How to fill out ORS Chapter 87 statutory liens?
To fill out an ORS Chapter 87 statutory lien, individuals must provide details such as the amount owed, the property description, the name of the owner, and the nature of the work or service performed. Proper forms are typically available on state or local government websites.
What is the purpose of ORS Chapter 87 statutory liens?
The purpose of ORS Chapter 87 statutory liens is to provide a legal framework for securing payment for services rendered or materials supplied, ensuring that those who contribute to property improvements can secure their financial interests.
What information must be reported on ORS Chapter 87 statutory liens?
Information that must be reported includes the name and contact details of the lien claimant, the property owner's name, a description of the property, the amount owed, and the nature of the service or materials provided.
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