Oregon Administrative Rules
Chapter 274 - DEPARTMENT OF VETERANS' AFFAIRS
Division 25 - VETERANS' LOAN PROGRAM 1990
Section 274-025-0050 - Title Insurance
Universal Citation: OR Admin Rules 274-025-0050
Current through Register Vol. 63, No. 9, September 1, 2024
Each loan shall be covered by a title insurance policy issued in American Land Title Association (ALTA) form by a title insurer licensed by the State of Oregon. Such policy shall be in an amount at least equal to the outstanding principal balance of the program loan. The benefits of the policy shall run to the ODVA as either named insured or assignee. The policy shall not be subject to any exceptions or conditions other than those previously approved by the ODVA.
Stat. Auth.: ORS 406.030, ORS 407.115, ORS 407.177, ORS 407.179& ORS 407.181
Stats. Implemented: ORS 407.115, ORS 407.177, ORS 407.179 & ORS 407.181
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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