Oregon Statutes - Chapter 696 - Real Estate and Escrow Activities - Section 696.855 - Common law application to statutory obligations and remedies.

(1) ORS 696.301, 696.392, 696.600 to 696.785 and 696.995 do not directly, indirectly or by implication limit or alter any preexisting common law or statutory right or remedy including actions for fraud, negligence or equitable relief.

(2) The terms “loyalty,” “obedience,” “disclosure,” “confidentiality,” “reasonable care and diligence” and “accounting in dealings” shall be interpreted under the common law of agency.

(3) Common law and statutory remedies are not affected by ORS 696.301, 696.392, 696.600 to 696.785 and 696.995. [1993 c.570 §12; 2001 c.300 §49a]

Note: See note under 696.800.

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Last modified: August 7, 2008