Oregon Land Sales Contract
County Specific Legal Forms Validated as recently as July 1, 2026 by our Forms Development Team
About the Oregon Land Sales Contract
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
"I did not like the size of the Warranty Deed form which took 2 pages to print. It should be no large…"
"Great service, as always!!"
"Great service as always, thanks!"
"It was quick and easy to print and download the forms I needed."
"Very easy and quick. Report gave me the info I needed to know. Will use again if I need to."
Common Uses for Land Sales Contract
- Provide public notice that a buyer holds an equitable interest in real property
- Assign a land contract to a new investor or purchaser
- Document a private real estate sale without bank involvement
- Establish a contract for deed for commercial property
- Record a memorandum to protect the buyer's equitable interest
- Sell a family property with flexible payment arrangements
Compare other Oregon deed forms and documents
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.