Trustee Can Recover the Money!The Oregon Homestead Exemption has been interpreted broadly by state and federal courts.  Even a mandatory security deposit has been found to qualify for exemption under ORS 18.395 and 18.402.  In a memorandum opinion by Judge Albert Radcliffe entered February 9, 2011, the court rejected the prepayment of $3,900 in rent as exempt under ORS 18.395.  In an unfortunate sidenote, Judge Radcliffe passed away just 10 days later at the age of 63.