Oregon Real Estate | Law 6 Exam Questions and Answers with Verified Solutions | Latest Updated 2026

Oregon Real Estate | Law 6 Exam Questions
and Answers with Verified Solutions | Latest
Updated 2026



Recording Placing a document in public records to
give notice


Purpose of Recording To give notice to the public



Constructive Notice Notice given by recording in public
records


Actual Notice Direct knowledge of a fact



Inquiry Notice Knowledge that requires further
investigation


Race Statute Whoever records first wins



Notice Statute Last purchaser without notice wins



Race-Notice Statute Among purchasers without notice, first to
record wins


Oregon Recording Statute Race-notice

, Recording Requirement: Tax Must include name and address for tax
Address statements


Recording Requirement: Must state consideration
Consideration


Recording Requirement: Must be acknowledged before a notary
Notarization


Recording Requirement: Legal Must include legal description
Description


Ad Valorem Tax based on value



Oregon Tax Year July 1 to June 30



First Tax Due Date November 15



Second Tax Due Date February 15



Third Tax Due Date May 15



Taxes Delinquent Date May 16



Foreclosure Timeline 3 years after delinquency



Right of Redemption 2 years after foreclosure decree