An action affecting an affordable housing covenant may be commenced or intervened in by:

1. (1) The owner of an interest in the real property burdened by the covenant;
2. (2) An eligible covenant holder of the benefit of the covenant;
3. (3) A person that has a third-party right of enforcement; or
4. (4) A public body, as defined in ORS 174.109, in the jurisdiction of which the real property burdened by the covenant is located.

Note: See note under 456.270.

[2007 c.691 §5]