Oregon Statutes - Chapter 105 - Property Rights - Section 105.285 - Distribution of proceeds of sale.

The proceeds of the sale of encumbered property shall be distributed by the judgment of the court as follows:

(1) To pay the property’s just proportion of the general costs of the suit.

(2) To pay the costs of the reference.

(3) To satisfy the several liens in their order of priority, by payment of the sums due and to become due, according to the judgment.

(4) The residue among the owners of the property sold, according to their respective shares. [Amended by 2003 c.576 §366]

Section:  Previous  105.250  105.255  105.260  105.265  105.270  105.275  105.280  105.285  105.290  105.295  105.300  105.305  105.310  105.315  105.320  Next

Last modified: August 7, 2008