• Limitations Period: Six years for an action on the Note. Ten years for foreclosure under a deed of trust. It is unsettled in Oregon whether a non-judicial foreclosure is barred if the limitations period on an action under the Note has already expired. Accordingly, servicers should exercise caution and utilize the 6 year limitations period.What is the Statute of limitations for Oregon?
Oregon statute of limitations affords two (2) years from the time the injury or untimely death has occurred. If a minor is injured or which injuries cause death their parent or guardian has 5 years from the time of the injury, or two years from the 18th birthday of the minor.What is the abbreviation for Oregon Revised Statutes?
ORS stands for Oregon Revised Statutes. Suggest new definition. This definition appears very frequently and is found in the following Acronym Finder categories: Military and Government. See other definitions of ORS. Other Resources: We have 172 other meanings of ORS in our Acronym Attic. Link/Page Citation.