(1) A facility owner shall notify, as described in ORS 90.760, the tenants’ association and a facility purchase association within 10 days of receipt of:
(a) Any written offer received by the owner or agent of the owner to purchase the facility which the owner intends to consider; or
(b) Any listing agreement entered into, by the owner or agent of the owner, to effect the sale of the facility.
(2) The notice required by subsection (1) of this section shall be mailed to any association and facility purchase association. [1989 c.919 §8; 1991 c.844 §25; 1995 c.559 §43]
Section: Previous 90.755 90.760 90.765 90.770 90.771 90.775 90.800 90.810 90.815 90.820 90.830 90.840 90.860 90.865 90.870 NextLast modified: August 7, 2008