Oregon Statutes > Chapter 114 > Title and Possession of Property
Current as of: 2023 | Check for updates
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Other versions
| § 114.205 | No distinction between real and personal property |
| § 114.215 | Devolution of and title to property; custody of pets |
| § 114.225 | Possession and control of decedents estate |
Terms Used In Oregon Statutes > Chapter 114 > Title and Possession of Property
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Decedent: A deceased person.
- District: means an airport district established under this chapter. See Oregon Statutes 838.005
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.