Published in DJC Oregon
A news mention published on October 21 in DJC Oregon, VF Law Associate Jessica Chandler explains the importance of verifying the legal status of rural Oregon properties before a sale, purchase, development project, or investment moves forward. Early legal-status research can help property owners, buyers, and developers understand whether a parcel can support their intended use before they commit significant time or money.
“Under Oregon law … the property must have been created through an approved legal process such as partition, subdivision, or another legally recognized method,” Chandler explains. “However, determining the legal status of a property is not always that simple.”
Tax lot numbers, current zoning, acreage, and access do not independently establish that a property is legal or buildable. A careful review of historical deeds, land use records, permits, and zoning history can clarify development potential and mitigate delays.
“The legal status of a property directly affects its development potential, which ultimately affects its value and marketability,” writes Chandler. “If a property was not created through a legally recognized method, its value and marketability is limited regardless of its selling points.”
Read the story in full; click here.