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Independent contractors are not covered by workers' compensation insurance. They are not entitled to receive benefits if they are injured on the job. Independent contractors cannot use the wages they earn to qualify for unemployment insurance benefits when they are unemployed.
2-Year Discovery Rule (Negligence Claims): For negligence claims (e.g., faulty construction that causes damage), Oregon law applies a 2-year discovery rule. This means property owners have 2 years to file a lawsuit after discovering a defect or when they reasonably should have discovered it.
When an unlicensed contractor is discovered by an owner, they must then contend with a litigious opponent and a court system that won't look kindly on them, not to mention the CCB. The penalty for contracting without a license in Oregon jumps up to $5,000 per offense when an owner has filed a complaint for damages.
Oregon Retainage Requirements Retainage from any party may not exceed 5% of the value of the work completed.
Operational Framework of CDL Laws in Oregon Oregon's CDL laws impose a 10-year statute of repose and a 6-year statute of limitations for construction defect claims. Statute of Repose: This 10-year period begins with the substantial completion of the construction project.
In Oregon, parties who withhold retainage are limited to five percent of the amount earned with each progress payment. However, on large projects, retainage can end up being hundreds of thousands, or even millions, of dollars, withheld from payment even though it has been earned.
A lien created by ORS 87.503 (Lien for long term care) shall not continue in existence for a period of more than 10 years after the date on which the lien was perfected under ORS 87.507 (Perfecting lien).
The key difference here is that in Oregon, the lender never holds title; in Georgia, the lender may hold bare legal title in a mortgage. Thus, by the modern definition, Oregon is lien theory, and Georgia is title theory, which is entirely based on whether or not the lender may hold legal title in a mortgage.