Oregon Opinion Letter Form and Variations

State:
Multi-State
Control #:
US-OL302
Format:
Word; 
PDF; 
Rich Text
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Description

"Opinion Letter Form and Variations" is a American Lawyer Media form. This is an opinion letter form from a lawyer or law firm and it also has different variations to it.

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  • Preview Opinion Letter Form and Variations
  • Preview Opinion Letter Form and Variations
  • Preview Opinion Letter Form and Variations
  • Preview Opinion Letter Form and Variations
  • Preview Opinion Letter Form and Variations
  • Preview Opinion Letter Form and Variations

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FAQ

What is an Opinion Letter? An opinion letter, also called a legal opinion, is a letter issued by a legal counsel that facilitates a lender's due diligence process in a transaction. The opinion letter is used in credit analysis to help determine whether to lend to a borrower or not.

Steve Strode - Real Estate Commissioner - Oregon Real Estate Agency | LinkedIn.

ORS Chapter 696 ? Real Estate and Escrow Activities.

ORS 696.290 discusses the sharing of compensation, including the following: (2) A real estate broker associated with a principal real estate broker may not accept compensation from any person other than the principal real estate broker with whom the real estate broker is associated at the time.

(1) Except as provided in subsection (2) of this section, a real estate licensee may not knowingly permit a nonlicensed individual to engage in professional real estate activity, with or on behalf of the licensee.

(2) In citing a specific rule of the Oregon Rules of Civil Procedure, the designation "ORCP (number of rule)" may be used. For example, Rule 7, section D, subsection (3), paragraph (a), subparagraph (iv), part (A), may be cited as ORCP 7 D(3)(a)(iv)(A).

(1) Unless all parties to the transaction agree in writing to delegate the closing function to an escrow agent licensed in Oregon, an attorney, or another principal broker engaged in the transaction, a principal broker must promptly close any real estate transaction in which the principal broker is the listing broker.

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Oregon Opinion Letter Form and Variations