(1) A special limitation or a condition subsequent, which restricts a fee simple estate in land, and the possibility of reverter or right of entry for condition broken thereby created, shall, if the specified contingency does not occur within 30 years after the possibility of reverter or right of entry was created, be extinguished and […]
The following shall apply to all possibilities of reverter and rights of entry limited on fees simple existing on January 1, 1978: (1) A special limitation or a condition subsequent, which restricts a fee simple estate in land, and the possibility of reverter or right of entry for condition broken thereby created, shall be extinguished […]
ORS 105.770 to 105.774 shall not apply to conveyances made in favor of: (1) The State of Oregon or any unit of local government as defined in ORS 190.003; or (2) A corporation so long as it remains qualified as a nonprofit corporation pursuant to ORS chapter 65. If a corporation ceases to be so […]
