Oregon
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| 2010 |
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| Title State |
License and Registration information refer to: Oregon Motor Vehicles Division, ATTN.: Record Services, 1905 Lana Avenue, N.E., Salem, Oregon 97314. Tel.: (503) 945-5000. Fee for license or registration information: $4.00. |
| Recording |
All motor vehicles (except boats) are titled and all records kept with the Motor Vehicle Department. |
| Recovery |
Peaceful repossession permitted. |
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| Redemption |
Creditor may demand loan balance plus expenses. Ten day redemption period for the balance is required. |
| Deficiency |
Suit is permitted only if the loss exceeds $2500.00 per party to the security agreement. (i.e. husband & wife increases loss requirement to $5000.00. |
| Special Motor Vehicle Provisions |
Liens must be registered with the Department of Motor Vehicles and appear on the face of the certificate of title. |
| Documents Required to Transfer Ownership of Motor Vehicle |
Lien released from title; repossession affidavit; copy of final demand letter and certified mail receipt as proof of mailing; Bill of Sale. PLATES: Remain with vehicle and are transferable. |
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