Oregon Homeowners Freed From Predatory 40-Year MV Realty Contracts After Major State Settlement

Oregon Homeowners have been released from deceptive 40-year contracts with the Florida-based real estate brokerage MV Realty that prevented them from refinancing their homes and gave MV Realty exclusive rights to list homes for decades.

Oregon Attorney General Dan Rayfield said, “This was an outrageous scheme that took advantage of Oregonians who were just trying to get a little financial breathing room.”

Rayfield confirmed yesterday that a significant settlement had been reached with MV Realty, which paid homeowners just a few hundred dollars in exchange for allowing the company to file liens that blocked families from refinancing, selling, or accessing the equity in their own property.

If MV Realty had enforced its “early termination fees” on all active Oregon agreements, homeowners would have been forced to pay $7.9 million in penalties- over ten times the cash MV Realty initially paid them.

Under the agreement reached by the Oregon Department of Justice (ODOJ):

• MV Realty has no remaining interest in any Oregon property.
• MV Realty must release all 669 active Homeowner Benefit Agreements in Oregon by no later than December 5, 2025, restoring full ownership rights to affected consumers.
• MV Realty must provide proof of release to both the ODOJ and each property owner within ten days of each filing.
• MV Realty must pay ODOJ $150,000 in $10,000 monthly installments, but ODOJ will waive $60,000 if nine timely payments are made.
• A further $500,000 payment is suspended due to MV Realty’s demonstrated inability to pay.

If MV Realty remains listed on your property title after December 5, 2025, contact MV Realty directly and submit a consumer complaint to the Oregon Department of Justice at www.oregonconsumer.gov.