Perfect First, Assign Later: Oregon’s Rules for Transferring Construction Liens

One consequence of Oregon’s policy of strictly limiting who may claim a construction lien is that a claimant may not assign a lien before it is perfected. Until a lien is perfected by public recording, it is considered a personal privilege. Any assignment before perfection will result in loss of the construction lien claim, because the assignee did not furnish the items for which the lien may be claimed. However, after a construction lien claim is perfected, it becomes a transferable right and... By: Stoel Rives - Ahead of Schedule