(1) An escrow agent may not provide an application to the Department of Consumer and Business Services under ORS § 446.591 (5) if the agent has received a written objection in response to the notice provided under ORS § 446.596.

Terms Used In Oregon Statutes 446.606

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(2) An escrow agent may charge the person owning the manufactured structure under the replacement ownership document a reasonable fee for services provided in compliance with ORS § 446.591 and 446.596.

(3) In addition to any other remedy provided by law, a person may bring an action against an escrow agent for damages sustained by the person due to the negligence or willful misconduct of the escrow agent in complying with ORS § 446.591 and 446.596. [2003 c.655 § 17]

 

See note under 446.561.

 

[1959 c.314 11,12,13,14; 1971 c.734 § 64; repealed by 1973 c.833 § 48]

 

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