910 P.2d 1180 | Or. Ct. App. | 1996
Husband appeals from a judgment in a contempt proceeding. We reverse.
Husband and wife were divorced under a judgment that was entered on November 20, 1984. The judgment awarded wife an equitable lien in the amount of $5,000 “due and payable on or before November 19, 1994.” Wife never renewed the judgment and it expired, pursuant to ORS 18.360(1),
Reversed.
ORS 18.360(1) provides, in part, that “[w]henever after the entry of a judgment, a period of 10 years elapses, the judgment and any docketed or recorded lien thereof shall expire.”
ORS 18.360(2) provides that, when a dissolution judgment requires the payment of money on a date ten or more years from the date of the judgment, the part of the judgment that requires that payment does not expire until ten years after the date on which the payment becomes due, even though the balance of the judgment would expire in ten years if not renewed.