As used in ORS 93.268 and 411.694, “encumbrance” means a voluntary instrument granting a security interest in the affected real property to secure a monetary obligation.
ORS 411.692
2003 c.638 §1; 2005 c.22 §279
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.