1. (1) A title company may do the following things for an intermediary that is a subdivider or developer to help qualify a subdivision for approval by a state or local government:

   1. (a) Advance the normal county recording and filing fees;
   2. (b) Help the subdivider or developer obtain the information necessary to complete the forms required by the state or local government;
   3. (c) Help a subdivider or developer obtain the signatures necessary to file or record the subdivision plat with the state or local government; and
   4. (d) Forward an item to the state or local government after the title company receives the item.

2. (2) As used in section (1) of this rule:

   1. (a) “Developer” means a person who is a developer as defined in ORS 92.305 or 94.004, or a person who engages in the development of more than one commercial or industrial real property construction projects; and
   2. (b) “Subdivider” means a person who is a subdivider as defined in ORS 92.305, or a person who acquires five or more unimproved lots or tracts of a filed subdivision for the purpose of resale or lease.

Statutory/Other Authority

ORS 731.244

Statutes/Other Implemented

ORS 746.045, 746.055, 746.160 & 746.240

History

ID 9-1996, f. 6-25-96, cert. ef. 7-1-96
ID 11-1988, f. & cert. ef. 6-14-88
IC 3-1980, f. 7-7-80, ef. 8-1-80