- (1) After submitting an offer to the property owner as outlined in ORS 456.814, a qualified purchaser may record—in the real property records of the county or counties within which the relevant participating property is located—a notice of right of first refusal, as provided by ORS 456.814, in a form provided by and available from OHCS.
- (2) If no qualified purchaser has recorded a right of first refusal, OHCS may record the right of first refusal per 456.814(7) without delivering an offer to purchase.
- (3) A qualified purchaser may assign their interest in a right of first refusal to another qualified purchaser by recording—in the real property records of the county or counties within which the relevant participating property is located—a notice of assignment of the right of first refusal.
- (4) A qualified purchaser is not required to exercise a right of first refusal and submit a matching offer under ORS 456.819.
(5) A qualified purchaser shall provide a release of the recorded right of first refusal to the property owner upon:
- (a) Transfer of ownership to a third party or qualified purchaser; or
- (b) Expiration of the term of the right of first refusal if there is no transfer of ownership; or
- (c) At any time as determined by the qualified purchaser, at their sole discretion prior to (a) or (b) above.
Statutory/Other Authority
ORS 456.766
Statutes/Other Implemented
ORS 456.766-456.819 & 456.828
History
OHCS 9-2026, amend filed 05/07/2026, effective 05/08/2026
OHCS 48-2025, temporary amend filed 11/21/2025, effective 12/01/2025 through 05/29/2026
OHCS 1-2024, amend filed 01/05/2024, effective 01/05/2024
OHCS 20-2022, amend filed 08/16/2022, effective 08/18/2022
OHCS 10-2020, amend filed 05/21/2020, effective 05/21/2020
OHCS 6-2020, temporary amend filed 03/25/2020, effective 03/25/2020 through 09/20/2020
OHCS 12-2018, adopt filed 09/04/2018, effective 09/04/2018