Oregon Secures Settlement In Releasing Hundreds of Homeowners from Deceptive 40-Year Contracts with MV Realty – KXL

SALEM, OR – On Friday, Oregon Attorney General Dan Rayfield announced a settlement with MV Realty, a Florida-based real estate brokerage accused of using deceptive and coercive marketing to trap Oregon homeowners in 40-year “Homeowner Benefit Agreements.”  According to Department of Justice officials, those agreements gave MV Realty exclusive rights to list homeowners’ property for decades and allowed the company to file liens that made it impossible for the homeowners to refinance, sell, or access equity in their own property.

“This was an outrageous scheme that took advantage of Oregonians who were just trying to get a little financial breathing room,” said Rayfield. “For a few hundred bucks, MV Realty tried to trap people in their 40-year contracts that stuck to their homes – and even their kids. That’s not just a bad deal – that’s cruel. Because of this settlement, those families are finally out from under it. They can work with any agent they choose, and they don’t owe MV Realty a dime.”

The settlement requires MV Realty to void all Homeowner Benefit Agreements and release associated liens on Oregon properties no later than December 5, 2025, restoring full ownership rights to affected consumers. MV Realty must also provide proof of release to both the Oregon Department of Justice and each property owner within ten days of each filing.

Officials say if MV Realty had enforced its “early termination fees” on all active Oregon agreements, homeowners would have faced more than $7.9 million in penalties—over ten times the cash MV Realty initially paid them.

The DOJ urges Oregon homeowners who discover that MV Realty remains listed on their property title after December 5, 2025, to contact MV Realty directly and submit a consumer complaint to the Oregon Department of Justice at www.oregonconsumer.gov.