Question

Under Oregon law, what is required for land sale contracts where the buyer has more than one year to pay the purchase price?

a. No recording is necessary
b. Recording is optional
c. Recording is required
d. Recording only applies to commercial transactions

Answer 1

Under Oregon law, recording is required for land sale contracts where the buyer has more than one year to pay the purchase price.

Option C.

Step-by-step explanation:

Under Oregon law, recording is required for land sale contracts where the buyer has more than one year to pay the purchase price.

Recording the contract provides notice to the public and protects the buyer's interest in the property.

It helps establish the buyer's rights and ownership in the event of any future disputes or claims.