Oregon Land Sales Contract

County Specific Legal Forms Validated as recently as May 19, 2026 by our Forms Development Team

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About the Oregon Land Sales Contract

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How to Use This Form

Select your county from the list on the left
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

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Use of a Land Sale Contract in Oregon
1. Structure of the Contract
• Buyer (Purchaser): Takes equitable title immediately, gets possession, and agrees to pay the purchase price in installments.
• Seller: Retains legal title until the contract is fully paid.
This is different from a mortgage or trust deed, where title passes to the buyer at closing and the lender only has a lien.

2. The Forfeiture Remedy
Under Oregon law, if the buyer defaults, the seller may elect forfeiture instead of judicial foreclosure. Forfeiture means:
• The contract is canceled;
• The buyer’s interest is terminated;
• The underlying debt is extinguished (the seller can’t sue for deficiency);
• The seller keeps all prior payments (as liquidated damages);
• The buyer loses possession and improvements revert to the seller.
This is a nonjudicial process, It’s defined in ORS 93.905 and governed by ORS 93.905–93.945. Seller may also choose judicial foreclosure, similar to foreclosing a mortgage.

3. Statutory Safeguards for Buyers
• ORS 93.910: Seller cannot enforce forfeiture unless a statutory notice of default is served.
• ORS 93.915: Buyer gets a right to cure (usually 60–120 days depending on how much of the price is already paid). Cure requires paying arrears, costs, and small capped attorney’s fees.
• ORS 93.930: If not cured, seller records an affidavit of forfeiture, which legally ends the buyer’s rights.
• ORS 93.935 & 93.940: Subordinate lienholders must also get notice and have the right to cure to protect their interests.

4. Why Use a Land Sale Contract in Oregon?
• For sellers:
o Keeps legal title until fully paid.
o Faster and less expensive than judicial foreclosure (if default occurs).
o Retains all buyer’s payments if forfeiture happens.

• For buyers:
o Can purchase property without a bank loan.
o Gain equitable ownership and possession upfront.
o Sometimes lower upfront cost compared to conventional financing.

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

What Others Like You Are Saying

— Kimberley H.

"This was crazy easy to do...such a fantastic service! Thank you!"

— Kermit W.

"Straightforward instructions and very quick turnaround."

— Miranda C.

"very expensive"

— Robert D.

"I was trying to register a financial statement (non real estate document). There was no link or stat…"

— Jolene K.

"The forms were easy to download and use. I'm satisfied with it. The sample and the instructions were…"

Common Uses for Land Sales Contract

Provide public notice that a buyer holds an equitable interest in real property
Establish a contract for deed for commercial property
Release the seller's interest in a property after the buyer pays in full
Release a previously recorded affidavit of equitable interest
Structure a property sale with a down payment and monthly terms
Create an installment sale agreement for vacant land
Document the abandonment of a buyer's interest in a land contract

Compare other Oregon deed forms and documents

Quitclaim Deed Gift Deed Warranty Deed Special Warranty Deed Bargain and Sale Deed Correction Deed Easement Deed Termination of Easement Mineral Deed Mineral Deed with Quitclaim Covenants Trust Deed and Promissory Note Deed of Full Reconveyance Substitution of Trustee and Deed of Reconveyance (For Deed of Trust / Trust Deed) Assignment of Trust Deed by Beneficiary or Successor in Interest Memorandum of Land Sale Contract Full Release of Memorandum of Land Sale Contract Durable Power of Attorney Special Power of Attorney for the Purchase of Property Special Power of Attorney for the Sale of Property Notice of Pendency / Lis Pendens Release of / Pendency of an Action / Lis Pendens Transfer on Death Deed Transfer on Death Revocation Transfer on Death Affidavit of Survivorship Affidavit of Surviving Joint Tenant Trustee Deed Personal Representative Deed Notice of Completion Notice of Right to Lien Claim of Lien Conditional Lien Waiver on Progress Payment Unconditional Lien Waiver on Progress Payment Conditional Lien Waiver on Final Payment Unconditional Lien Waiver on Final Payment Disclaimer of Interest Certificate of Trust

Important: County-Specific Forms

Our land sales contract forms are specifically formatted for each county in Oregon.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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