Tualatin Valley Builders Supply, Inc. v. TMT Homes of Oregon, Inc.
Court of Appeals of Oregon
1Opinion of the CourtLinder, J.
ORS 87.076 allows the owner of land against which a construction lien has been perfected, or any other interested party, to purchase a bond in order to secure payment of the construction lien and to free the property from that lien. If, after purchasing the bond, the owner or other interested party notifies the lien claimant that it has secured the bond, the lien attaches to the bond. Once the lien attaches to the bond, the property is freed from the lien and the claimant must proceed with any foreclosure action against the bond only. In this case, the other interested party, TMT Homes of…
2Cases cited6 opinions
- Portland General Electric Co. v. Bureau of Labor & IndustriesOregon Supreme Court · 1993
- Outdoor Media Dimensions Inc. v. StateOregon Supreme Court · 2001
- Lewis v. Department of RevenueOregon Supreme Court · 1982
- Oak Crest Construction Co. v. Austin Mutual InsuranceOregon Supreme Court · 2000
- A-C Construction, Inc. v. Bakke Corp.Court of Appeals of Oregon · 1998
1 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Griffin v. Unocal Corp.Supreme Court of Alabama · 2008
- Cline v. Ashland, Inc.Supreme Court of Alabama · 2007
- Mannex Corp. v. BrunsCourt of Appeals of Oregon · 2012
- Valencich v. TMT Homes of Oregon, Inc.Court of Appeals of Oregon · 2004
- Mountain Ranch Corp. v. Amalgam Enterprises, Inc.Colorado Court of Appeals · 2005