Statutes, codes, and regulations
Oregon Administrative Code
Chapter 150 - DEPARTMENT OF REVENUE
Division 311 - COLLECTION OF PROPERTY TAXES
Section 150-311-0520 - Date Property Becomes Exempt when Foreclosed by City for Delinquent Assessment Liens

Or. Admin. Code § 150-311-0520

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Current through Register Vol. 63, No. 12, December 1, 2024
Section 150-311-0520 - Date Property Becomes Exempt when Foreclosed by City for Delinquent Assessment Liens

For purposes of determining the tax exemption of the property under ORS 307.090 and the exemption of interest and penalty under ORS 311.520, a city acquires title to the property immediately following the sale of the property to the city as a result of foreclosure for delinquent assessment liens.

Or. Admin. Code § 150-311-0520

RD 5-1989, f. 12-18-89, cert. ef. 12-31-89; Renumbered from 150-311.520, REV 28-2016, f. 8-12-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 311.520