Relating to statements concerning obligations owed to beneficiaries that are secured by real property.
Catchline/Summary:
Requires beneficiary or beneficiary's agent to prepare and deliver note that is evidence of obligation grantor owes to beneficiary and beneficiary statement within 21 days after receiving demand for statement from entitled person. Requires beneficiary or beneficiary's agent to prepare and deliver note that is evidence of obligation grantor owes to beneficiary and beneficiary statement within 21 days after receiving demand for statement from entitled person. Specifies time within which entitled person may make demand.
Requires beneficiary or beneficiary's agent to prepare and deliver payoff statement to entitled person within 21 days after receiving demand for payoff statement. Specifies exceptions to requirement.
Provides that entitled person may rely on beneficiary statement or payoff statement in accordance with terms of statement. Specifies that beneficiary or beneficiary's agent must deliver amendment to statement in writing one business day after providing notice of amendment by means other than in writing.
Provides that beneficiary or beneficiary's agent may require reasonable proof that person demanding statement is entitled person or authorized agent of entitled person. Defines "reasonable proof."
Provides that beneficiary or beneficiary's agent is liable to entitled person for entitled person's actual damages plus statutory penalty of $300 if beneficiary or beneficiary's agent willfully fails to prepare and deliver statement. Permits beneficiary or beneficiary's agent, with some exceptions, to charge fee of not more than $30 to prepare and deliver statement.
Provides that if beneficiary or beneficiary's agent fails to include sum owed to beneficiary in statement or amended statement, beneficiary or beneficiary's agent may recover sum only as unsecured creditor after specified dates.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Oregon Legislative Assembly - Public Testimony Registration Form
You are registering to speak about:
HB 4033 House Committee On Consumer Protection and Government Efficiency
Registration Instructions
Submit the form below to testify or comment either in person or remotely by video or phone. After completing the required fields (*), click the “Submit Registration to Testify” button.
Email address and phone number are required for administrative purposes and will not be posted to OLIS. Your phone number will be displayed on the livestream of the committee meeting if you testify by phone.
Registration ends 30 minutes prior to the start of the meeting. After that time, the registration system will close.
After registering and seeing a confirmation screen, you will receive an email with meeting details. If you do not receive a confirmation email, check your email spam folder.
Registration does not guarantee that you will have an opportunity to speak; the chair may determine that time for public testimony will be limited. Committee meetings are sometimes cancelled or rescheduled. You can receive email updates on selected bills or committee agendas by signing up for Capitol e-Subscribe.
If you would like to provide written testimony to the committee, see instructions to submit written testimony here.
To request spoken language interpretation, American Sign Language (ASL) interpretation, or Communication Access Realtime Translation (CART) services, please email languageaccess@oregonlegislature.gov or call 503-986-1538 at least 3 days in advance.
Para solicitar servicios de interpretación de lenguaje hablado, interpretación de lenguaje de señas americano (ASL) o traducción en tiempo real de acceso a la comunicación (CART), envíe un correo electrónico a languageaccess@oregonlegislature.gov o llame al 503-986-1538 con 3 dias de anticipación.
Confidential - Administrative Use Only
Will you travel more than 100 miles to this meeting to testify?
You Have Successfully Registered to Testify
Testimony Details:
You will receive an email soon with meeting details. If you registered to testify remotely, the
email will include a link or phone number to join the committee meeting.
If you do not receive a confirmation within 24 hours, have any questions, or need to cancel your registration,
please call 1-833-588-4500 or email the committee assistant listed on the committee page on OLIS.
Committee meetings are sometimes canceled or rescheduled. If you register to testify and the meeting is
rescheduled, you will need to register for the new meeting date. To receive email updates on selected
bills or committee agendas, sign up for Capitol E-Subscribe.
Measure Not Scheduled for Public Testimony
Thank you for your interest in providing public testimony on measure .
Either this measure is not currently scheduled for a public hearing, or the deadline to register to testify
or to submit written testimony has passed.
For questions about the legislature, legislative process, or other government agencies, please email
help.leg@oregonlegislature.gov or call 1-800-332-2313.
Measure Not Scheduled for Public Testimony
Thank you for your interest in providing written testimony on measure .
Either this measure is not currently scheduled for a public hearing, or the deadline to register to testify
or to submit written testimony has passed.
For questions about the legislature, legislative process, or other government agencies, please email
help.leg@oregonlegislature.gov or call 1-800-332-2313.