Oregon Land Sales Contract

Name: Oregon Land Sales Contract
Brand: Deeds.com
SKU: 1757359787P767211
Price: 27.97 USD
Availability: InStock
Rating: 5.00 (540 reviews)

County Specific Legal Forms Validated as recently as June 10, 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

— Deborah D.

"Very easy to use, got everything I needed. Reasonable price."

— John B.

"Forms are as advertised and easy to access."

— Barry N.

"The form was straight forward and very easy to complete. It took me less than 15 minutes to complete…"

— FE P.

"Looked into a good number of DIY deeds on the internet. Very glad that I chose Deeds.com. They made …"

— stephanie h.

"Very satisfied. In the middle of COVID19 I was able to complete important paperwork even though I wa…"

Common Uses for Land Sales Contract

Cancel a recorded memorandum of contract for deed after closing
Document the terms of a private real estate sale between buyer and seller
Record a memorandum to protect the buyer's equitable interest
Purchase property through an installment payment agreement

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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